XML 37 R27.htm IDEA: XBRL DOCUMENT v3.19.1

Loans and Leases (Tables)

3 Months Ended

Mar. 31, 2019

Composition of Loan and Lease Portfolio

The following table sets forth the composition of the loan and lease portfolio at the dates indicated:
 

		March 31, 2019								December 31, 2018
(dollars in thousands)		Amount				Percent of Loans Held for Investment				Amount				Percent of Loans Held for Investment
Loans and Leases Held for Investment:
Mortgage Loans:
Multi-family		$	29,932,829				73.92	%		$	29,883,919				74.46	%
Commercial real estate			7,079,241				17.49				6,998,834				17.44
One-to-four family			435,686				1.08				446,094				1.11
Acquisition, development, and construction			326,634				0.81				407,870				1.02
Total mortgage loans held for investment			37,774,390				93.30			$	37,736,717				94.03
Other Loans:
Commercial and industrial			1,764,169				4.36				1,705,308				4.25
Lease financing, net of unearned income of $74,451 and $53,891, respectively(1)			940,895				2.32				683,112				1.70
Total commercial and industrial loans (2)			2,705,064				6.68				2,388,420				5.95
Other			7,976				0.02				8,724				0.02
Total other loans held for investment			2,713,040				6.70				2,397,144				5.97
Total loans and leases held for investment		$	40,487,430				100.00	%		$	40,133,861				100.00	%
Net deferred loan origination costs			38,589								32,047
Allowance for losses			(156,636	)							(159,820	)
Total loans and leases, net		$	40,369,383							$	40,006,088

(1) The payments on these leases are generally received ratably over future years. Approximately 41% of the payments are expected to be received over the next five years.

(2) Includes specialty finance loans and leases of $2.2 billion and $1.9 billion, respectively, at March 31, 2019 and December 31, 2018 and other C&I loans of $477.5 million and $469.9 million, respectively, at March 31, 2019 and December 31, 2018.

Quality of Non-Covered Loans

The following table presents information regarding the quality of the Company’s loans held for investment at March 31, 2019:

(in thousands)		Loans 30-89 Days Past Due				Non- Accrual Loans				Loans 90 Days or More Delinquent and Still Accruing Interest				Total Past Due Loans				Current Loans				Total Loans Receivable
Multi-family		$	2,359			$	4,070			$	—			$	6,429			$	29,926,400			$	29,932,829
Commercial real estate			3,278				3,007				—				6,285				7,072,956				7,079,241
One-to-four family			9				1,637				—				1,646				434,040				435,686
Acquisition, development, and construction			6,608				—				—				6,608				320,026				326,634
Commercial and industrial(1) (2)			231				49,851				—				50,082				2,654,982				2,705,064
Other			45				9				—				54				7,922				7,976
Total		$	12,530			$	58,574			$	—			$	71,104			$	40,416,326			$	40,487,430

(1)	Includes $33.8 million of taxi medallion-related loans that were 90 days or more past due. There were no taxi medallion-related loans that were 30 to 89 days past due.
(2)	Includes lease financing receivables, all of which were current.

The following table presents information regarding the quality of the Company’s loans held for investment at December 31, 2018:
 

(in thousands)		Loans 30-89 Days Past Due				Non- Accrual Loans				Loans 90 Days or More Delinquent and Still Accruing Interest				Total Past Due Loans				Current Loans				Total Loans Receivable
Multi-family		$	—			$	4,220			$	—			$	4,220			$	29,879,699			$	29,883,919
Commercial real estate			—				3,021				—				3,021				6,995,813				6,998,834
One-to-four family			9				1,651				—				1,660				444,434				446,094
Acquisition, development, and construction			—				—				—				—				407,870				407,870
Commercial and industrial(1) (2)			530				36,608				—				37,138				2,351,282				2,388,420
Other			25				6				—				31				8,693				8,724
Total		$	564			$	45,506			$	—			$	46,070			$	40,087,791			$	40,133,861

(1) Includes $530,000 and $35.5 million of taxi medallion-related loans that were 30 to 89 days past due and 90 days or more past due, respectively.

(2) Includes lease financing receivables, all of which were current.

Non-Covered Loan Portfolio by Credit Quality Indicator

The following table summarizes the Company’s portfolio of loans held for investment by credit quality indicator at March 31, 2019:
 

		Mortgage Loans																				Other Loans
(in thousands)		Multi- Family				Commercial Real Estate				One-to- Four Family				Acquisition, Development, and Construction				Total Mortgage Loans				Commercial and Industrial(1)				Other				Total Other Loans
Credit Quality Indicator:
Pass		$	29,671,752			$	6,944,249			$	432,380			$	276,666			$	37,325,047			$	2,628,058			$	7,717			$	2,635,775
Special mention			232,295				63,529				1,669				36,825				334,318				3,722				—				3,722
Substandard			28,782				71,463				1,637				13,143				115,025				73,284				259				73,543
Doubtful			—				—				—				—				—				—				—				—
Total		$	29,932,829			$	7,079,241			$	435,686			$	326,634			$	37,774,390			$	2,705,064			$	7,976			$	2,713,040

(1) Includes lease financing receivables, all of which were classified as Pass.

The following table summarizes the Company’s portfolio of loans held for investment by credit quality indicator at December 31, 2018:
 

		Mortgage Loans																				Other Loans
(in thousands)		Multi- Family				Commercial Real Estate				One-to- Four Family				Acquisition, Development, and Construction				Total Mortgage Loans				Commercial and Industrial(1)				Other				Total Other Loans
Credit Quality Indicator:
Pass		$	29,548,242			$	6,880,105			$	444,443			$	319,001			$	37,191,791			$	2,306,563			$	8,469			$	2,315,032
Special mention			312,025				90,653				—				73,964				476,642				19,751				—				19,751
Substandard			23,652				28,076				1,651				14,905				68,284				62,106				255				62,361
Doubtful			—				—				—				—				—				—				—				—
Total		$	29,883,919			$	6,998,834			$	446,094			$	407,870			$	37,736,717			$	2,388,420			$	8,724			$	2,397,144

(1) Includes lease financing receivables, all of which were classified as Pass.

Information Regarding Troubled Debt Restructurings

The following table presents information regarding the Company’s TDRs as of March 31, 2019 and December 31, 2018:

		March 31, 2019												December 31, 2018
(in thousands)		Accruing				Non-Accrual				Total				Accruing				Non-Accrual				Total
Loan Category:
Multi-family		$	—			$	4,070			$	4,070			$	—			$	4,220			$	4,220
Commercial real estate			—				—				—				—				—				—
One-to-four family			—				1,012				1,012				—				1,022				1,022
Acquisition, development, and construction			6,535				—				6,535				8,297				—				8,297
Commercial and industrial			865				22,117				22,982				865				20,477				21,342
Total		$	7,400			$	27,199				34,599			$	9,162			$	25,719			$	34,881

Financial Effects of Troubled Debt Restructurings

The financial effects of the Company’s TDRs for the three months ended March 31, 2019 and 2018 are summarized as follows:

		For the Three Months Ended March 31, 2019
(dollars in thousands)														Weighted Average Interest Rate
		Number of Loans				Pre-Modification Recorded Investment				Post-Modification Recorded Investment				Pre- Modification				Post- Modification				Charge-off Amount				Capitalized Interest
Loan Category:
Commercial and industrial			15			$	4.194			$	3,088				3.26	%			2.98	%		$	1,106			$	—

		For the Three Months Ended March 31, 2018
(dollars in thousands)														Weighted Average Interest Rate
		Number of Loans				Pre-Modification Recorded Investment				Post-Modification Recorded Investment				Pre- Modification				Post- Modification				Charge-off Amount				Capitalized Interest
Loan Category:
Acquisition, development, and construction			1			$	900			$	900				4.50	%			4.50	%		$	—			$	—
Commercial and industrial			6				3,166				1,754				3.28				3.21				1,318				—
Total			7			$	4,066			$	2,654											$	1,318			$	—

X

- Definition

Loan and Lease Portfolio.

+ References

No definition available.

+ Details

Name:	nycb_LoanAndLeasePortfoliotableTextBlockTextBlock
Namespace Prefix:	nycb_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Non-Performing Loans.

+ References

No definition available.

+ Details

Name:	nycb_NonPerformingLoansTextBlock
Namespace Prefix:	nycb_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953659-111524

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 55
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=82894031&loc=SL6953803-111525

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of troubled debt restructuring which results when the debtor restructures the terms of its debt with a creditor due to the debtor's financial difficulties and the creditor grants certain concessions to obtain payment it might not otherwise receive. Includes a description of the principal changes in terms, the major features of settlement for each restructuring, the aggregate gain on restructuring and the related income tax effect, the per share amount of the total gain on restructuring, net of related income tax effect, and the total gain (loss) on transfers of assets recognized during the period. After the troubled debt restructuring has occurred debtors discuss the extent and amount to which amounts contingently payable are included in the carrying amount of restructured payables, and the conditions under which those amounts would become payable or would be forgiven when there is at least a reasonable possibility that a liability for contingent payments will be incurred.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 60
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6402221&loc=d3e15743-112638

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 60
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6402221&loc=d3e15765-112638

+ Details

Name:	us-gaap_SummaryOfTroubledDebtRestructuringNoteDebtorTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables and troubled debt restructurings.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953676-111524

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953682-111524

+ Details

Name:	us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration