ADDED
The Bank s revenues are derived primarily from interest and fees on loans, interest and dividends on securities and other interest-earning assets, service charges and fees on deposit accounts and sales of SBA and mortgage loans.
RRE also includes $0.9 million of home equity lines of credit and $3.8 million in consumer loans.
(4) $78.6 million, or 16.6%, of the CRE multifamily loans are rent-controlled in New York City as of December 31, 2025.
4 The following tables present the distribution of real estate loans by size, geography, and type at the dates indicated: Investor (nonowner- occupied) Owner-occupied Multifamily Construction (1) Residential property December 31, 2025 (dollars in millions) Real estate loans by size: Total balance $ 2,637.5 $ 904.5 $ 474.4 $ 13.7 $ 1,049.9 Average 3.2 1.3 3.0 3.4 0.6 Median 1.2 0.4 1.1 3.0 0.5 Top quintile balance (2) $ 1,860.7 $ 689.3 $ 341.8 $ 7.2 $ 473.9 Loan size (3) 3.9 1.3 3.0 5.3 0.8 Average 11.3 4.9 10.7 7.2 1.3 Median 7.9 2.6 5.2 7.2 1.0 (1) Represents the total outstanding amount.
(3) Loan size refers to the lowest-balance outstanding loan among those within the top quintile.
(2) $115.7 million, or 2.9%, and $32.5 million, or 0.8%, of the CRE portfolio were unguaranteed and guaranteed SBA loans, respectively, at December 31, 2025.
The following presents real estate by qualifying ("QM") and non-qualifying ("Non-QM") residential mortgage loans at the dates indicated: December 31, 2025 % of Total Loans December 31, 2024 % of Total Loans (dollars in thousands) Non-QM (1) $ 1,025,066 97.6 $ 924,446 97.2 QM (2) 14,466 1.4 15,623 1.6 Other (3) 10,339 1.0 11,232 1.2 Total residential real estate (4) $ 1,049,871 100.0 $ 951,301 100.0 (1) Non-QM loans do not conform to the Dodd-Frank Act.
(2) QM loans conform to the Ability-to-Repay ("ATR") rules/requirements of the Consumer Financial Protection Bureau (the "CFPB").
(4) Total includes $0.9 million of Home Equity Lines of Credit and $3.9 million of consumer loans as of December 31, 2025.
6 The following presents key statistics of our commercial real estate loans: As of December 31, 2025 2024 Weighted Average Weighted Average Number Loan-to-Value Ratio Debt Coverage Ratio Number Loan-to-Value Ratio Debt Coverage Ratio Commercial property (1) (2) Investor (nonowner-occupied) 825 48.7 % 2.04x 862 49.0 % 2.04x Owner-occupied 716 46.8 % 2.70x 711 45.0 % 2.70x Multifamily 157 53.7 % 1.68x 148 54.4 % 1.58x (1) CRE is a combination of investor (non-owner), owner occupied, multifamily, and construction.
REMOVED
The Bank s revenues are derived primarily from interest and fees on loans, interest and dividends on securities, service charges on deposit accounts and sales of SBA and mortgage loans.
RRE also includes $1.3 million of home equity lines of credit and $4.1 million in consumer loans.
(4) $80.4 million, or 19.48%, of the CRE multifamily loans are rent-controlled in New York City.
(2) $105.0 million, or 2.6%, and $115.5 million, or 3.0%, of the CRE portfolio are unguaranteed SBA loans at December 31, 2024 and 2023, respectively.
The following presents real estate by qualifying ("QM") and non-qualifying ("Non-QM") residential mortgage loans at the dates indicated: December 31, 2024 % of Total Loans December 31, 2023 % of Total Loans (dollars in thousands) QM (1) $ 15,623 1.6 % $ 16,514 1.7 % Non-QM (2) 924,446 97.2 % 933,304 97.0 % Other (3) 11,232 1.2 % 12,847 1.3 % Total (4) $ 951,301 100.0 % $ 962,665 100.0 % (1) QM loans conform to the Ability-to-Repay ("ATR") rules/requirements of the Consumer Financial Protection Bureau (the "CFPB").
(4) Total includes $1.3 million of Home Equity Line of Credit ("HELOC") and $4.1 million in consumer loans.
6 The following presents key statistics of our commercial real estate loans: As of December 31, 2024 2023 Weighted Average Weighted Average Number Loan-to-Value Ratio Debt Coverage Ratio Number Loan-to-Value Ratio Debt Coverage Ratio Commercial property (1) (2) Investor (nonowner-occupied) 862 49.0 % 2.04x 893 50.3 % 2.06x Owner-occupied 711 45.0 % 2.70x 753 47.8 % 2.69x Multifamily 148 54.4 % 1.58x 155 55.1 % 1.57x (1) CRE is a combination of investor (non-owner), owner occupied, multifamily, and construction.
As of December 31, 2024, the Bank had no residential mortgage loans held for sale and was servicing $37.0 million of residential mortgage loans sold to investors.
The following presents key statistics of our commercial and industrial loans: December 31, 2024 Term (1) (2) Lines of Credit (2) (dollars in millions) Commercial industrial loans by size: Total balance $ 390 $ 473 Average $ 0.34 $ 0.92 Median $ 0.07 $ 0.20 Top quintile balance (3) $ 336.00 $ 385.00 Loan size $ 0.2 $ 0.8 Average $ 1.50 $ 41.94 Median $ 0.41 $ 2.51 (1) $52.9 million, or 6.1%, and $62.1 million, or 7.2%, of the C I term portfolio are unguaranteed and guaranteed SBA loans, respectively.
Term loans typically provide for floating interest rates, with monthly payments of both principal and interest.