in addition , our determination of the amount of the allowance for loan losses is subject to review by the new jersey department of banking and insurance and the fdic , as part of their examination process . after a review of the information available , our regulators might require the establishment of an additional allowance . any increase in the loan loss allowance required by regulators would have a negative impact on our earnings . other-than-temporary impairment of securities if the fair value of a security is less than its amortized cost , the security is deemed to be impaired . management evaluates all securities with unrealized losses quarterly to determine if such impairments are “ temporary ” or “ other-than-temporary ” in accordance with accounting standards codification ( “ asc ” ) topic 320 , investments – debt and equity securities . accordingly , temporary impairments are accounted for based upon the classification of the related securities as either available for sale or held to maturity . temporary impairments on available for sale securities are recognized , on a tax-effected basis , through other comprehensive income ( “ oci ” ) with offsetting entries adjusting the carrying value of the securities and the balance of deferred taxes . conversely , the carrying values of held to maturity securities are not adjusted for temporary impairments . information concerning the amount and duration of temporary impairments on both available for sale and held to maturity securities is generally disclosed in the notes to the con solidated financial statements . other-than-temporary impairments are accounted for based upon several considerations . first , other-than-temporary impairments on debt securities that the company has decided to sell as of the close of a fiscal period , or will , more likely than not , be required to sell prior to the full recovery of fair value to a level equal to or exceeding amortized cost , are recognized in earnings . if neither of these conditions regarding the likelihood of the sale of debt securities are applicable , then the other-than-temporary impairment is bifurcated into credit-related and noncredit-related components . a credit-related impairment represents the amount by which the present value of the cash flows that are expected to be collected on a debt security fall below its amortized cost . the noncredit-related component represents the remaining portion of the impairment not otherwise designated as credit-related . credit-related other-than-temporary impairments are recognized in earnings and noncredit-related other-than-temporary impairments are recognized in oci . equity securities on which there is an unrealized loss that is deemed other-than-temporary are written down to fair value with the writ e-down recognized in earnings . deferred income taxes the company records income taxes using the asset and liability method . accordingly , deferred tax assets and liabilities : ( i ) are recognized for the expected future tax consequences of events that have been recognized in the consolidated financial statements or the consolidated and separate entity tax returns ; ( ii ) are attributable to differences between the consolidated financial statement carrying amounts of existing assets and liabilities and their respective tax bases ; and ( iii ) are measured using enacted tax rates expected to apply in the years when those temporary differences are expected to be recovered or settled . in assessing the realizability of deferred tax assets , management considers whether it is more likely than not that some portion of the deferred tax assets will not be realized . in making this assessment , management considers the profitability of current core operations , future market growth , forecasted earnings , future taxable income , and ongoing , feasible and permissible tax planning strategies . deferred tax assets have been reduced by a valuation allowance for all portions determined not likely to be realized . the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income tax expense in the period of enactment . the valuation allowance is adjusted , by a charge or credit to income tax expense , as changes in facts and circumstances warrant . fair value measurements management uses its best judgment in estimating fair value measurements of the company 's financial instruments ; however , there are inherent weaknesses in any estimation technique . management utilized various inputs to determine fair value including but not limited to the use of , valuation techniques based on various assumptions , including , but not limited to cash flows , discount rates , rate of return , adjustments for nonperformance and liquidity , quoted market prices , and appraisals . therefore , for substantially all financial instruments , the fair value estimates herein are not necessarily indicative of the amounts the company could have realized in a sales transaction on the dates indicated . the estimated fair value amounts have been measured as of their respective year-ends and have not been re- evaluated or updated for purposes of these consolidated financial statements subsequent to those respective dates . as such , the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than the amo unts reported at each year-end . 32 financial condition at december 31 , 201 5 and 201 4 total assets increased by $ 317.0 million , or 2 4 . 3 % , to $ 1 . 6 18 billion at december 31 , 201 5 from $ 1 . 302 billion at december 31 , 201 4 . the increase in total as sets resulted primarily from an increase in net loans receivable of $ 2 12 . 3 million , partially offset by a decrease in other real estate owned of $ 1.9 million . management is focusing on maintaining adequate liquidity in anticipation of funding loans in the loan pipeline as well as seeking opportunities to purchase loans in the secondary market that provide competitive returns but meet our internal underwriting guidelines . story_separator_special_tag the decrease in average yield reflects the competitive price environment prevalent in the company 's primary market area on loan facilities as well as the repricing downward of certain variable rate loans . interest income on securities decreased by $ 1.5 million , or 39.7 % , to $ 2.3 million for the year ended december 31 , 2014 from $ 3.8 million for the year ended december 31 , 2013. this decrease was primarily due to a decrease in the average balance of securities of $ 67.0 million or 47.7 % to $ 73.4 million for the year ended december 31 , 2014 from $ 140.4 million for the year ended december 31 , 2013 , partly offset by an increase in the average yield of securities to 3.11 % for the year ended december 31 , 2014 from 2.70 % for the year ended december 31 , 2014 . investment securities classified as held-to-maturity , which totaled $ 114.2 million at december 31 , 2013 , were sold in the third quarter of 2014 , except for approximately $ 9.8 million of such securities which were re-designated to available for sale securities . interest income on other interest-earning assets increased by $ 3,000 , or 5.8 % , to $ 55,000 for the year ended december 31 , 2014 from $ 52,000 for the year ended december 31 , 2013. this increase was primarily due to an increase of the average yield on other interest-earning assets to 0.22 % for the year ended december 31 , 2014 from 0.16 % for the year ended december 31 , 2013 , partly offset by a decrease of $ 7.3 million , or 22.7 % , in the average balance of other interest-earning assets to $ 24.7 million for the year ended december 31 , 2014 from $ 32.0 million for the year ended december 31 , 2013 .. the somewhat static nature of the average yield on other interest-earning assets reflects the current philosophy by the fomc of keeping short term interest rates at historically low levels for the last several years . total interest expense decreased by $ 273,000 , or 2.6 % , to $ 10.3 million for the year ended december 31 , 2014 from $ 10.6 million for the year ended december 31 , 2013. the decrease resulted primarily from a decrease in the cost of interest-bearing liabilities of seven basis points to 1.02 % for the year ended december 31 , 2014 from 1.09 % for the year ended december 31 , 2013 , partly offset by a n increase in the average balance of interest bearing liabilities of $ 39.8 million , or 4.1 % , to $ 1.015 billion for the year ended december 31 , 2014 from $ 974.7 million for the year ended december 31 , 2013. the decrease in the average cost of interest- bearing liabilities reflects the company 's reaction to the lower short term interest rate environment and our ability to reduce our pricing on a select number of retail deposit products . the provision for loan losses totaled $ 2.8 0 million and $ 2.7 8 million for the years ended december 31 , 2014 and 2013 , respectively . the provision for loan losses is established based upon management 's review of the company 's loans and consideration of a variety of factors including , but not limited to , ( 1 ) the risk characteristics of the loan portfolio , ( 2 ) current economic conditions , ( 3 ) actual losses previously experienced , ( 4 ) the activity and fluctuating balance of loans receivable , and ( 5 ) the existing level of reserves for loan losses that are probable and estimable . during the year ended december 31 , 2014 , the company experienced $ 1.0 million in net charge-offs ( consisting of $ 1.4 million in charge-offs and $ 400,000 in recoveries ) . during the year ended december 31 , 2013 , the company experienced $ 771,000 in net charge-offs ( consisting of $ 971,000 in charge-offs and $ 200,000 in recoveries ) . the company had non-performing loans totaling $ 19.6 million , or 1.60 % , of gross loans at december 31 , 2014 and $ 20.6 million , or 1.98 % , of gross loans at december 31 , 2013. the decrease in non-performing loans resulted primarily from the sales of approximately $ 10.4 million in non-performing loans during the third quarter of 2014. the sale resulted in a pre-tax loss of approximately $ 4.0 million . the primary reason for these transactions was the elimination of carrying and legacy costs associated with these non-interest earning assets . the allowance for loan losses was $ 16.2 million , or 1.32 % , of gross loans at december 31 , 2014 as compared to $ 14.3 million , or 1.38 % , of gross loans at december 31 , 2013. the amount of the allowance is based on estimates and the ultimate losses may vary from such estimates . management assesses the allowance for loan losses on a quarterly basis and makes provisions for loan losses as necessary in order to maintain the adequacy of the allowance . while management uses available information to recognize losses on loans , future loan loss provisions may be necessary based on changes in the aforementioned criteria . in addition various regulatory agencies , as an integral part of their examination process , periodically review the allowance for loan losses and may require the company to recognize additional provisions based on their judgment of information available to them at the time of their examination . management believes that the allowance for loan losses was adequate at both december 31 , 2014 and december 31 , 2013. total non-interest income increased by $ 583,000 , or 17.3 % to $ 4.0 million for the year ended december 31 , 2014 compared with $

cash and cash equivalents in creased by $ 10 0 . 5 million , or 312.9 % , to $ 1 32.6 million at december 31 , 201 5 from $ 32.1 million at december 31 , 201 4 . loans receivable , net increased by $ 212 . 3 million , or 17.6 % , to $ 1.420 billion at december 31 , 2015 from $ 1.208 billion at december 31 , 2014. the increase resulted primarily from a $ 224.2 million increase in real estate mortgages comprising commercial and multi-family , construction and participation loans with other financial institutions along with an increase of a $ 13.8 million in commercial business loans and commercial lines of credit , partially offset by a decrease of $ 21.1 million in residential real estate loans , a $ 2.8 million decrease in home equity and home equity lines of credit and a $ 1.9 million increase in the allowance for loan losses . as of december 31 , 2015 , the allowance for loan losses was $ 18.0 million , or 77.0 % , of non-performing loans and 1.25 % of gross loans , as compared to $ 16.2 million or 2.4 % of non-performing loans and 1.32 % of gross loans at december 31 , 2014 .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash and cash equivalents in creased by $ 10 0 . 5 million , or 312.9 % , to $ 1 32.6 million at december 31 , 201 5 from $ 32.1 million at december 31 , 201 4 . loans receivable , net increased by $ 212 . 3 million , or 17.6 % , to $ 1.420 billion at december 31 , 2015 from $ 1.208 billion at december 31 , 2014. the increase resulted primarily from a $ 224.2 million increase in real estate mortgages comprising commercial and multi-family , construction and participation loans with other financial institutions along with an increase of a $ 13.8 million in commercial business loans and commercial lines of credit , partially offset by a decrease of $ 21.1 million in residential real estate loans , a $ 2.8 million decrease in home equity and home equity lines of credit and a $ 1.9 million increase in the allowance for loan losses . as of december 31 , 2015 , the allowance for loan losses was $ 18.0 million , or 77.0 % , of non-performing loans and 1.25 % of gross loans , as compared to $ 16.2 million or 2.4 % of non-performing loans and 1.32 % of gross loans at december 31 , 2014 .
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 Suspicious Activity Report : in addition , our determination of the amount of the allowance for loan losses is subject to review by the new jersey department of banking and insurance and the fdic , as part of their examination process . after a review of the information available , our regulators might require the establishment of an additional allowance . any increase in the loan loss allowance required by regulators would have a negative impact on our earnings . other-than-temporary impairment of securities if the fair value of a security is less than its amortized cost , the security is deemed to be impaired . management evaluates all securities with unrealized losses quarterly to determine if such impairments are “ temporary ” or “ other-than-temporary ” in accordance with accounting standards codification ( “ asc ” ) topic 320 , investments – debt and equity securities . accordingly , temporary impairments are accounted for based upon the classification of the related securities as either available for sale or held to maturity . temporary impairments on available for sale securities are recognized , on a tax-effected basis , through other comprehensive income ( “ oci ” ) with offsetting entries adjusting the carrying value of the securities and the balance of deferred taxes . conversely , the carrying values of held to maturity securities are not adjusted for temporary impairments . information concerning the amount and duration of temporary impairments on both available for sale and held to maturity securities is generally disclosed in the notes to the con solidated financial statements . other-than-temporary impairments are accounted for based upon several considerations . first , other-than-temporary impairments on debt securities that the company has decided to sell as of the close of a fiscal period , or will , more likely than not , be required to sell prior to the full recovery of fair value to a level equal to or exceeding amortized cost , are recognized in earnings . if neither of these conditions regarding the likelihood of the sale of debt securities are applicable , then the other-than-temporary impairment is bifurcated into credit-related and noncredit-related components . a credit-related impairment represents the amount by which the present value of the cash flows that are expected to be collected on a debt security fall below its amortized cost . the noncredit-related component represents the remaining portion of the impairment not otherwise designated as credit-related . credit-related other-than-temporary impairments are recognized in earnings and noncredit-related other-than-temporary impairments are recognized in oci . equity securities on which there is an unrealized loss that is deemed other-than-temporary are written down to fair value with the writ e-down recognized in earnings . deferred income taxes the company records income taxes using the asset and liability method . accordingly , deferred tax assets and liabilities : ( i ) are recognized for the expected future tax consequences of events that have been recognized in the consolidated financial statements or the consolidated and separate entity tax returns ; ( ii ) are attributable to differences between the consolidated financial statement carrying amounts of existing assets and liabilities and their respective tax bases ; and ( iii ) are measured using enacted tax rates expected to apply in the years when those temporary differences are expected to be recovered or settled . in assessing the realizability of deferred tax assets , management considers whether it is more likely than not that some portion of the deferred tax assets will not be realized . in making this assessment , management considers the profitability of current core operations , future market growth , forecasted earnings , future taxable income , and ongoing , feasible and permissible tax planning strategies . deferred tax assets have been reduced by a valuation allowance for all portions determined not likely to be realized . the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income tax expense in the period of enactment . the valuation allowance is adjusted , by a charge or credit to income tax expense , as changes in facts and circumstances warrant . fair value measurements management uses its best judgment in estimating fair value measurements of the company 's financial instruments ; however , there are inherent weaknesses in any estimation technique . management utilized various inputs to determine fair value including but not limited to the use of , valuation techniques based on various assumptions , including , but not limited to cash flows , discount rates , rate of return , adjustments for nonperformance and liquidity , quoted market prices , and appraisals . therefore , for substantially all financial instruments , the fair value estimates herein are not necessarily indicative of the amounts the company could have realized in a sales transaction on the dates indicated . the estimated fair value amounts have been measured as of their respective year-ends and have not been re- evaluated or updated for purposes of these consolidated financial statements subsequent to those respective dates . as such , the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than the amo unts reported at each year-end . 32 financial condition at december 31 , 201 5 and 201 4 total assets increased by $ 317.0 million , or 2 4 . 3 % , to $ 1 . 6 18 billion at december 31 , 201 5 from $ 1 . 302 billion at december 31 , 201 4 . the increase in total as sets resulted primarily from an increase in net loans receivable of $ 2 12 . 3 million , partially offset by a decrease in other real estate owned of $ 1.9 million . management is focusing on maintaining adequate liquidity in anticipation of funding loans in the loan pipeline as well as seeking opportunities to purchase loans in the secondary market that provide competitive returns but meet our internal underwriting guidelines . story_separator_special_tag the decrease in average yield reflects the competitive price environment prevalent in the company 's primary market area on loan facilities as well as the repricing downward of certain variable rate loans . interest income on securities decreased by $ 1.5 million , or 39.7 % , to $ 2.3 million for the year ended december 31 , 2014 from $ 3.8 million for the year ended december 31 , 2013. this decrease was primarily due to a decrease in the average balance of securities of $ 67.0 million or 47.7 % to $ 73.4 million for the year ended december 31 , 2014 from $ 140.4 million for the year ended december 31 , 2013 , partly offset by an increase in the average yield of securities to 3.11 % for the year ended december 31 , 2014 from 2.70 % for the year ended december 31 , 2014 . investment securities classified as held-to-maturity , which totaled $ 114.2 million at december 31 , 2013 , were sold in the third quarter of 2014 , except for approximately $ 9.8 million of such securities which were re-designated to available for sale securities . interest income on other interest-earning assets increased by $ 3,000 , or 5.8 % , to $ 55,000 for the year ended december 31 , 2014 from $ 52,000 for the year ended december 31 , 2013. this increase was primarily due to an increase of the average yield on other interest-earning assets to 0.22 % for the year ended december 31 , 2014 from 0.16 % for the year ended december 31 , 2013 , partly offset by a decrease of $ 7.3 million , or 22.7 % , in the average balance of other interest-earning assets to $ 24.7 million for the year ended december 31 , 2014 from $ 32.0 million for the year ended december 31 , 2013 .. the somewhat static nature of the average yield on other interest-earning assets reflects the current philosophy by the fomc of keeping short term interest rates at historically low levels for the last several years . total interest expense decreased by $ 273,000 , or 2.6 % , to $ 10.3 million for the year ended december 31 , 2014 from $ 10.6 million for the year ended december 31 , 2013. the decrease resulted primarily from a decrease in the cost of interest-bearing liabilities of seven basis points to 1.02 % for the year ended december 31 , 2014 from 1.09 % for the year ended december 31 , 2013 , partly offset by a n increase in the average balance of interest bearing liabilities of $ 39.8 million , or 4.1 % , to $ 1.015 billion for the year ended december 31 , 2014 from $ 974.7 million for the year ended december 31 , 2013. the decrease in the average cost of interest- bearing liabilities reflects the company 's reaction to the lower short term interest rate environment and our ability to reduce our pricing on a select number of retail deposit products . the provision for loan losses totaled $ 2.8 0 million and $ 2.7 8 million for the years ended december 31 , 2014 and 2013 , respectively . the provision for loan losses is established based upon management 's review of the company 's loans and consideration of a variety of factors including , but not limited to , ( 1 ) the risk characteristics of the loan portfolio , ( 2 ) current economic conditions , ( 3 ) actual losses previously experienced , ( 4 ) the activity and fluctuating balance of loans receivable , and ( 5 ) the existing level of reserves for loan losses that are probable and estimable . during the year ended december 31 , 2014 , the company experienced $ 1.0 million in net charge-offs ( consisting of $ 1.4 million in charge-offs and $ 400,000 in recoveries ) . during the year ended december 31 , 2013 , the company experienced $ 771,000 in net charge-offs ( consisting of $ 971,000 in charge-offs and $ 200,000 in recoveries ) . the company had non-performing loans totaling $ 19.6 million , or 1.60 % , of gross loans at december 31 , 2014 and $ 20.6 million , or 1.98 % , of gross loans at december 31 , 2013. the decrease in non-performing loans resulted primarily from the sales of approximately $ 10.4 million in non-performing loans during the third quarter of 2014. the sale resulted in a pre-tax loss of approximately $ 4.0 million . the primary reason for these transactions was the elimination of carrying and legacy costs associated with these non-interest earning assets . the allowance for loan losses was $ 16.2 million , or 1.32 % , of gross loans at december 31 , 2014 as compared to $ 14.3 million , or 1.38 % , of gross loans at december 31 , 2013. the amount of the allowance is based on estimates and the ultimate losses may vary from such estimates . management assesses the allowance for loan losses on a quarterly basis and makes provisions for loan losses as necessary in order to maintain the adequacy of the allowance . while management uses available information to recognize losses on loans , future loan loss provisions may be necessary based on changes in the aforementioned criteria . in addition various regulatory agencies , as an integral part of their examination process , periodically review the allowance for loan losses and may require the company to recognize additional provisions based on their judgment of information available to them at the time of their examination . management believes that the allowance for loan losses was adequate at both december 31 , 2014 and december 31 , 2013. total non-interest income increased by $ 583,000 , or 17.3 % to $ 4.0 million for the year ended december 31 , 2014 compared with $

