Institution Profile
Website:
FDIC Profile:
Established:
1/21/2009
Branches:
10
Branches by Region
NY 9 NJ 1
Financial Overview
Total Assets
$2.38B
Total Deposits
$2.03B
Total Loans
$2.01B
Equity Capital
$223.88M
Employees
194
Allowance for Loan Losses
$18.69M
Performance Ratios
Net Worth Ratio
9.40%
Loan-to-Deposit Ratio
98.95%
Coverage Ratio
0.93% Allowance / Total Loans
Net Income
$8.88M
Return on Assets (ROA)
0.38%
Return on Equity (ROE)
3.99%
Assets, Loans & Deposits Over Time
Assets, Loans & Deposits Over Time
Total Assets: +165.92% Total Deposits: +182.54% Total Loans: +188.99% since 2020 Q1
Employee Growth
Employee Growth
Employees: +102.08% since 2020 Q1
Loan Portfolio Breakdown
Current outstanding balances by loan type
1-4 Family Residential
$783.40M 39.0%
Multifamily
$541.08M 27.0%
Commercial Real Estate
$525.57M 26.2%
Commercial & Industrial
$145.59M 7.3%
Construction
$11.08M 0.6%
Other Consumer
$430,000 0.0%
Portfolio Distribution
SBA 7(a) Loan Originations
Quarterly SBA origination activity and guaranteed exposure
SBA 7(a) Originations vs Cancellations per Quarter
Approved: -41.67% since 2020 Q1
SBA 7(a) Approved vs Guaranteed vs Cancelled Dollars
Approved: -44.44% Guaranteed: -43.34% since 2020 Q1
Net Income Trend
Net Income Trend
Net Income: +1994.10% since 2020 Q1
Historical Data Table
| Quarter | Total Assets | Total Deposits | Total Loans | Net Income | Employees |
|---|---|---|---|---|---|
| 2025 Q4 | $2.38B | $2.03B | $2.01B | $8.88M | 194 |
| 2025 Q3 | $2.33B | $1.98B | $2.00B | $8.36M | 198 |
| 2025 Q2 | $2.31B | $1.95B | $1.98B | $4.57M | 197 |
| 2025 Q1 | $2.29B | $1.94B | $1.98B | $1.82M | 200 |
| 2024 Q4 | $2.31B | $1.96B | $2.00B | $13.54M | 185 |
| 2024 Q3 | $2.33B | $1.96B | $2.02B | $9.34M | 176 |
| 2024 Q2 | $2.33B | $1.94B | $2.02B | $5.49M | 189 |
| 2024 Q1 | $2.31B | $1.92B | $2.01B | $4.35M | 178 |
| 2023 Q4 | $2.27B | $1.90B | $1.97B | $14.83M | 175 |
| 2023 Q3 | $2.15B | $1.74B | $1.87B | $10.76M | 176 |
| 2023 Q2 | $2.12B | $1.59B | $1.82B | $6.94M | 177 |
| 2023 Q1 | $2.07B | $1.71B | $1.79B | $3.54M | 169 |
| 2022 Q4 | $1.98B | $1.52B | $1.75B | $23.49M | 170 |
| 2022 Q3 | $1.84B | $1.53B | $1.62B | $17.86M | 162 |
| 2022 Q2 | $1.61B | $1.35B | $1.42B | $11.74M | 154 |
| 2022 Q1 | $1.48B | $1.23B | $1.29B | $6.12M | 152 |
| 2021 Q4 | $1.46B | $1.18B | $1.28B | $16.89M | 139 |
| 2021 Q3 | $1.48B | $1.17B | $1.25B | $10.10M | 136 |
| 2021 Q2 | $1.54B | $1.16B | $1.30B | $2.79M | 139 |
| 2021 Q1 | $890.43M | $719.98M | $764.49M | $2.31M | 99 |
| 2020 Q4 | $876.88M | $690.06M | $732.90M | $5.55M | 98 |
| 2020 Q3 | $851.61M | $665.27M | $725.02M | $3.73M | 94 |
| 2020 Q2 | $838.01M | $659.98M | $723.52M | $2.01M | 87 |
| 2020 Q1 | $895.61M | $717.96M | $694.55M | $424,000 | 96 |