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Loans and Leases (Tables) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2021 | Dec. 31, 2020
Receivables [Abstract] |  |
Composition of Loan and Lease Portfolio | The following table sets forth the composition of the loan portfolio at the dates indicated:
|  | March 31, 2021 |  |  | December 31, 2020 |
(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 |  | $ | 32,195,256 |  |  |  | 74.77 | % |  | $ | 32,236,385 |  |  |  | 75.28 | %
Commercial real estate |  |  | 7,027,236 |  |  |  | 16.32 |  |  |  | 6,835,763 |  |  |  | 15.96 |
One-to-four family |  |  | 208,108 |  |  |  | 0.48 |  |  |  | 235,989 |  |  |  | 0.55 |
Acquisition, development, and construction |  |  | 115,947 |  |  |  | 0.27 |  |  |  | 89,790 |  |  |  | 0.21 |
Total mortgage loans held for investment (1) |  |  | 39,546,547 |  |  |  | 91.84 |  |  | $ | 39,397,927 |  |  |  | 92.00 |
Other Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial |  |  | 1,610,550 |  |  |  | 3.74 |  |  |  | 1,682,519 |  |  |  | 3.93 |
Lease financing, net of unearned income of $110,582 and $116,366, respectively |  |  | 1,898,980 |  |  |  | 4.41 |  |  |  | 1,734,824 |  |  |  | 4.05 |
Total commercial and industrial loans (2) |  |  | 3,509,530 |  |  |  | 8.15 |  |  |  | 3,417,343 |  |  |  | 7.98 |
Other |  |  | 5,593 |  |  |  | 0.01 |  |  |  | 6,520 |  |  |  | 0.02 |
Total other loans held for investment (1) |  |  | 3,515,123 |  |  |  | 8.16 |  |  |  | 3,423,863 |  |  |  | 8.00 |
Total loans and leases held for investment |  | $ | 43,061,670 |  |  |  | 100.00 | % |  | $ | 42,821,790 |  |  |  | 100.00 | %
Net deferred loan origination costs |  |  | 63,469 |  |  |  |  |  |  |  | 61,808 |  |  |  |  |
Allowance for credit losses loans and leases |  |  | (197,758 | ) |  |  |  |  |  |  | (194,043 | ) |  |  |  |
Total loans and leases held for investment, net |  | $ | 42,927,381 |  |  |  |  |  |  | $ | 42,689,555 |  |  |  |  |
Loans held for sale (3) |  |  | 141,435 |  |  |  |  |  |  |  | 117,136 |  |  |  |  |
Total loans and leases, net |  | $ | 43,068,816 |  |  |  |  |  |  | $ | 42,806,691 |  |  |  |  |
(1) | Excludes accrued interest receivable of $219.0 million and $219.1 million at March 31, 2021 and December 31, 2020, respectively, which is included in other assets in the Consolidated Statements of Condition.
(2) | Includes specialty finance loans and leases of $3.2 billion and $3.0 billion, respectively, at March 31, 2021 and December 31, 2020, and other C&I loans of $350.8 million and $393.3 million, respectively, at March 31, 2021 and December 31, 2020.
(3) | Includes deferred loan origination fees of $3.8 million and $1.7 million at March 31, 2021 and December 31, 2020, respectively.
| The following table sets forth the composition of the loan and lease portfolio at the dates indicated:
|  | December 31, 2020 |  |  | December 31, 2019 |
(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 |  | $ | 32,236,385 |  |  |  | 75.28 | % |  | $ | 31,158,672 |  |  |  | 74.46 | %
Commercial real estate |  |  | 6,835,763 |  |  |  | 15.96 |  |  |  | 7,081,910 |  |  |  | 16.93 |
One-to-four family |  |  | 235,989 |  |  |  | 0.55 |  |  |  | 380,361 |  |  |  | 0.91 |
Acquisition, development, and construction |  |  | 89,790 |  |  |  | 0.21 |  |  |  | 200,596 |  |  |  | 0.48 |
Total mortgage loans held for investment (1) |  |  | 39,397,927 |  |  |  | 92.00 |  |  |  | 38,821,539 |  |  |  | 92.78 |
Other Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial |  |  | 1,682,519 |  |  |  | 3.93 |  |  |  | 1,742,380 |  |  |  | 4.16 |
Lease financing, net of unearned income of $116,366 and $104,826, respectively |  |  | 1,734,824 |  |  |  | 4.05 |  |  |  | 1,271,998 |  |  |  | 3.04 |
Total commercial and industrial loans (2) |  |  | 3,417,343 |  |  |  | 7.98 |  |  |  | 3,014,378 |  |  |  | 7.20 |
Other |  |  | 6,520 |  |  |  | 0.02 |  |  |  | 8,102 |  |  |  | 0.02 |
Total other loans held for investment |  |  | 3,423,863 |  |  |  | 8.00 |  |  |  | 3,022,480 |  |  |  | 7.22 |
Total loans and leases held for investment (1) |  | $ | 42,821,790 |  |  |  | 100.00 | % |  | $ | 41,844,019 |  |  |  | 100.00 | %
Net deferred loan origination costs |  |  | 61,808 |  |  |  |  |  |  |  | 50,136 |  |  |  |  |
Allowance for loan and lease losses |  |  | (194,043 | ) |  |  |  |  |  |  | (147,638 | ) |  |  |  |
Total loans and leases held for investment, net |  | $ | 42,689,555 |  |  |  |  |  |  | $ | 41,746,517 |  |  |  |  |
Loans held for sale (3) |  |  | 117,136 |  |  |  |  |  |  |  | — |  |  |  |  |
Total loans and leases, net |  | $ | 42,806,691 |  |  |  |  |  |  | $ | 41,746,517 |  |  |  |  |
(1) | Excludes accrued interest receivable of $219.1 million and $116.9 million at December 31, 2020 and December 31, 2019, respectively, which is included in other assets in the Consolidated Statements of Condition.
(2) | Includes specialty finance loans and leases of $3.0 billion and $2.6 billion, respectively, at December 31, 2020 and December 31, 2019, and other C&I loans of $393.3 million and $420.1 million, respectively, at December 31, 2020 and December 31, 2019.
(3) | Includes deferred loan origination fees of $1.7 million.
Quality of Loans Held for Investment | The following table presents information regarding the quality of the Company’s loans held for investment at March 31, 2021:
(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 |  | $ | 961 |  |  | $ | 9,888 |  |  | $ | — |  |  | $ | 10,849 |  |  | $ | 32,184,407 |  |  | $ | 32,195,256 |
Commercial real estate |  |  | 19,371 |  |  |  | 11,573 |  |  |  | — |  |  |  | 30,944 |  |  |  | 6,996,292 |  |  |  | 7,027,236 |
One-to-four family |  |  | — |  |  |  | 1,466 |  |  |  | — |  |  |  | 1,466 |  |  |  | 206,642 |  |  |  | 208,108 |
Acquisition, development, and construction |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 115,947 |  |  |  | 115,947 |
Commercial and industrial (1)(2) |  |  | — |  |  |  | 10,247 |  |  |  | — |  |  |  | 10,247 |  |  |  | 3,499,283 |  |  |  | 3,509,530 |
Other |  |  | 13 |  |  |  | 4 |  |  |  | — |  |  |  | 17 |  |  |  | 5,576 |  |  |  | 5,593 |
Total loans and leases held for investment |  | $ | 20,345 |  |  | $ | 33,178 |  |  | $ | — |  |  | $ | 53,523 |  |  | $ | 43,008,147 |  |  | $ | 43,061,670 |
(1) | Includes $10.1 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, 2020:
(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 |  | $ | 4,091 |  |  | $ | 4,068 |  |  | $ | — |  |  | $ | 8,159 |  |  | $ | 32,228,226 |  |  | $ | 32,236,385 |
Commercial real estate |  |  | 9,989 |  |  |  | 12,142 |  |  |  | — |  |  |  | 22,131 |  |  |  | 6,813,632 |  |  |  | 6,835,763 |
One-to-four family |  |  | 1,575 |  |  |  | 1,696 |  |  |  | — |  |  |  | 3,271 |  |  |  | 232,718 |  |  |  | 235,989 |
Acquisition, development, and construction |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 89,790 |  |  |  | 89,790 |
Commercial and industrial (1)(2) |  |  | — |  |  |  | 19,866 |  |  |  | — |  |  |  | 19,866 |  |  |  | 3,397,477 |  |  |  | 3,417,343 |
Other |  |  | 3 |  |  |  | 13 |  |  |  | — |  |  |  | 16 |  |  |  | 6,504 |  |  |  | 6,520 |
Total |  | $ | 15,658 |  |  | $ | 37,785 |  |  | $ | — |  |  | $ | 53,443 |  |  | $ | 42,768,347 |  |  | $ | 42,821,790 |
(1) | Includes $18.6 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, 2020:
(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 |  | $ | 4,091 |  |  | $ | 4,068 |  |  | $ | — |  |  | $ | 8,159 |  |  | $ | 32,228,226 |  |  | $ | 32,236,385 |
Commercial real estate |  |  | 9,989 |  |  |  | 12,142 |  |  |  | — |  |  |  | 22,131 |  |  |  | 6,813,632 |  |  |  | 6,835,763 |
One-to-four family |  |  | 1,575 |  |  |  | 1,696 |  |  |  | — |  |  |  | 3,271 |  |  |  | 232,718 |  |  |  | 235,989 |
Acquisition, development, and construction |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 89,790 |  |  |  | 89,790 |
Commercial and industrial (1) (2) |  |  | — |  |  |  | 19,866 |  |  |  | — |  |  |  | 19,866 |  |  |  | 3,397,477 |  |  |  | 3,417,343 |
Other |  |  | 3 |  |  |  | 13 |  |  |  | — |  |  |  | 16 |  |  |  | 6,504 |  |  |  | 6,520 |
Total |  | $ | 15,658 |  |  | $ | 37,785 |  |  | $ | — |  |  | $ | 53,443 |  |  | $ | 42,768,347 |  |  | $ | 42,821,790 |
(1) | Includes $18.6 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, 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 |  | $ | 1,131 |  |  | $ | 5,407 |  |  | $ | — |  |  | $ | 6,538 |  |  | $ | 31,152,134 |  |  | $ | 31,158,672 |
Commercial real estate |  |  | 2,545 |  |  |  | 14,830 |  |  |  | — |  |  |  | 17,375 |  |  |  | 7,064,535 |  |  |  | 7,081,910 |
One-to-four family |  |  | — |  |  |  | 1,730 |  |  |  | — |  |  |  | 1,730 |  |  |  | 378,631 |  |  |  | 380,361 |
Acquisition, development, and construction |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 200,596 |  |  |  | 200,596 |
Commercial and industrial (1) (2) |  |  | — |  |  |  | 39,024 |  |  |  | — |  |  |  | 39,024 |  |  |  | 2,975,354 |  |  |  | 3,014,378 |
Other |  |  | 44 |  |  |  | 252 |  |  |  | — |  |  |  | 296 |  |  |  | 7,806 |  |  |  | 8,102 |
Total |  | $ | 3,720 |  |  | $ | 61,243 |  |  | $ | — |  |  | $ | 64,963 |  |  | $ | 41,779,056 |  |  | $ | 41,844,019 |
(1) | Includes $30.4 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.
Portfolio of Loans Held for Investment by Credit Quality Indicator | The following table summarizes the Company’s portfolio of loans held for investment by credit quality indicator at March 31, 2021:
|  | 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 |  | $ | 30,647,027 |  |  | $ | 5,867,168 |  |  | $ | 194,220 |  |  | $ | 101,958 |  |  | $ | 36,810,373 |  |  | $ | 3,450,432 |  |  | $ | 5,589 |  |  | $ | 3,456,021 |
Special mention |  |  | 875,091 |  |  |  | 785,007 |  |  |  | 5,354 |  |  |  | 13,989 |  |  |  | 1,679,441 |  |  |  | 2,071 |  |  |  | — |  |  |  | 2,071 |
Substandard |  |  | 673,138 |  |  |  | 375,061 |  |  |  | 8,534 |  |  |  | — |  |  |  | 1,056,733 |  |  |  | 57,027 |  |  |  | 4 |  |  |  | 57,031 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 32,195,256 |  |  | $ | 7,027,236 |  |  | $ | 208,108 |  |  | $ | 115,947 |  |  | $ | 39,546,547 |  |  | $ | 3,509,530 |  |  | $ | 5,593 |  |  | $ | 3,515,123 |
(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, 2020:
|  | 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 |  | $ | 31,220,071 |  |  | $ | 5,884,244 |  |  | $ | 221,861 |  |  | $ | 68,233 |  |  | $ | 37,394,409 |  |  | $ | 3,388,293 |  |  | $ | 6,507 |  |  | $ | 3,394,800 |
Special mention |  |  | 566,756 |  |  |  | 637,101 |  |  |  | 12,436 |  |  |  | 21,557 |  |  |  | 1,237,850 |  |  |  | 2,842 |  |  |  | — |  |  |  | 2,842 |
Substandard |  |  | 449,558 |  |  |  | 314,418 |  |  |  | 1,692 |  |  |  | — |  |  |  | 765,668 |  |  |  | 26,208 |  |  |  | 13 |  |  |  | 26,221 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 32,236,385 |  |  | $ | 6,835,763 |  |  | $ | 235,989 |  |  | $ | 89,790 |  |  | $ | 39,397,927 |  |  | $ | 3,417,343 |  |  | $ | 6,520 |  |  | $ | 3,423,863 |
(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, 2020:
|  | 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 |  | $ | 31,220,071 |  |  | $ | 5,884,244 |  |  | $ | 221,861 |  |  | $ | 68,233 |  |  | $ | 37,394,409 |  |  | $ | 3,388,293 |  |  | $ | 6,507 |  |  | $ | 3,394,800 |
Special mention |  |  | 566,756 |  |  |  | 637,101 |  |  |  | 12,436 |  |  |  | 21,557 |  |  |  | 1,237,850 |  |  |  | 2,842 |  |  |  | — |  |  |  | 2,842 |
Substandard |  |  | 449,558 |  |  |  | 314,418 |  |  |  | 1,692 |  |  |  | — |  |  |  | 765,668 |  |  |  | 26,208 |  |  |  | 13 |  |  |  | 26,221 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 32,236,385 |  |  | $ | 6,835,763 |  |  | $ | 235,989 |  |  | $ | 89,790 |  |  | $ | 39,397,927 |  |  | $ | 3,417,343 |  |  | $ | 6,520 |  |  | $ | 3,423,863 |
(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, 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 |  | $ | 30,903,657 |  |  | $ | 6,902,218 |  |  | $ | 377,883 |  |  | $ | 158,751 |  |  | $ | 38,342,509 |  |  | $ | 2,960,557 |  |  | $ | 7,850 |  |  | $ | 2,968,407 |
Special mention |  |  | 239,664 |  |  |  | 104,648 |  |  |  | 748 |  |  |  | 41,456 |  |  |  | 386,516 |  |  |  | 1,588 |  |  |  | — |  |  |  | 1,588 |
Substandard |  |  | 15,351 |  |  |  | 75,044 |  |  |  | 1,730 |  |  |  | 389 |  |  |  | 92,514 |  |  |  | 52,233 |  |  |  | 252 |  |  |  | 52,485 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  |  |
Total |  | $ | 31,158,672 |  |  | $ | 7,081,910 |  |  | $ | 380,361 |  |  | $ | 200,596 |  |  | $ | 38,821,539 |  |  | $ | 3,014,378 |  |  | $ | 8,102 |  |  | $ | 3,022,480 |
(1) | Includes lease financing receivables, all of which were classified as Pass.
Schedule of Credit Quality Indicator, Loan Class, and Year of Origination, the Amortized Cost Basis of Loans and Leases | The following table presents, by credit quality indicator, loan class, and year of origination, the amortized cost basis of the Company’s loans and leases as of March 31, 2021.
(in thousands) |  | Vintage Year |
Risk Rating Group |  | 2021 |  |  | 2020 |  |  | 2019 |  |  | 2018 |  |  | 2017 |  |  | Prior To 2017 |  |  | Revolving Loans |  |  | Total |
Pass |  | $ | 2,092,263 |  |  | $ | 9,587,201 |  |  | $ | 6,432,567 |  |  | $ | 5,472,277 |  |  | $ | 3,995,854 |  |  | $ | 9,238,124 |  |  | $ | 20,182 |  |  | $ | 36,838,468 |
Special Mention |  |  | — |  |  |  | 13,067 |  |  |  | 215,301 |  |  |  | 345,152 |  |  |  | 136,466 |  |  |  | 969,925 |  |  |  | — |  |  |  | 1,679,911 |
Substandard |  |  | — |  |  |  | — |  |  |  | 193,116 |  |  |  | 249,729 |  |  |  | 109,848 |  |  |  | 503,900 |  |  |  | — |  |  |  | 1,056,593 |
Total mortgage loans |  | $ | 2,092,263 |  |  | $ | 9,600,268 |  |  | $ | 6,840,984 |  |  | $ | 6,067,158 |  |  | $ | 4,242,168 |  |  | $ | 10,711,949 |  |  | $ | 20,182 |  |  | $ | 39,574,972 |
Pass |  |  | 249,885 |  |  |  | 1,004,860 |  |  |  | 679,606 |  |  |  | 149,190 |  |  |  | 195,499 |  |  |  | 235,594 |  |  |  | 976,916 |  |  |  | 3,491,550 |
Special Mention |  |  | — |  |  |  | — |  |  |  | 71 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,000 |  |  |  | 2,071 |
Substandard |  |  | — |  |  |  | 2,132 |  |  |  | 3,723 |  |  |  | 1,840 |  |  |  | 8,688 |  |  |  | 13,844 |  |  |  | 26,319 |  |  |  | 56,546 |
Total other loans |  |  | 249,885 |  |  |  | 1,006,992 |  |  |  | 683,400 |  |  |  | 151,030 |  |  |  | 204,187 |  |  |  | 249,438 |  |  |  | 1,005,235 |  |  |  | 3,550,167 |
Total |  | $ | 2,342,148 |  |  | $ | 10,607,260 |  |  | $ | 7,524,384 |  |  | $ | 6,218,188 |  |  | $ | 4,446,355 |  |  | $ | 10,961,387 |  |  | $ | 1,025,417 |  |  | $ | 43,125,139 |
| The following table presents, by credit quality indicator, loan class, and year of origination, the amortized cost basis of the Company’s loans and leases as of December 31, 2020.
(in thousands) |  | Vintage Year |
Risk Rating Group |  | 2020 |  |  | 2019 |  |  | 2018 |  |  | 2017 |  |  | 2016 |  |  | Prior To 2016 |  |  | Revolving Loans |  |  | Total |
Pass |  | $ | 9,819,431 |  |  | $ | 6,719,587 |  |  | $ | 5,986,476 |  |  | $ | 4,260,433 |  |  | $ | 3,062,012 |  |  | $ | 7,571,266 |  |  | $ | 24,608 |  |  | $ | 37,443,813 |
Special Mention |  |  | 13,067 |  |  |  | 116,400 |  |  |  | 176,428 |  |  |  | 164,635 |  |  |  | 332,176 |  |  |  | 425,632 |  |  |  | — |  |  |  | 1,228,338 |
Substandard |  |  | — |  |  |  | 121,861 |  |  |  | 177,123 |  |  |  | 60,924 |  |  |  | 221,835 |  |  |  | 172,293 |  |  |  | — |  |  |  | 754,036 |
Total mortgage loans |  | $ | 9,832,498 |  |  | $ | 6,957,848 |  |  | $ | 6,340,027 |  |  | $ | 4,485,992 |  |  | $ | 3,616,023 |  |  | $ | 8,169,191 |  |  | $ | 24,608 |  |  | $ | 39,426,187 |
Pass |  |  | 962,956 |  |  |  | 757,220 |  |  |  | 180,133 |  |  |  | 209,963 |  |  |  | 126,680 |  |  |  | 144,999 |  |  |  | 1,046,400 |  |  |  | 3,428,351 |
Special Mention |  |  | — |  |  |  | 42 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,800 |  |  |  | 2,842 |
Substandard |  |  | 2,987 |  |  |  | 5,284 |  |  |  | 3,103 |  |  |  | 12,558 |  |  |  | 1,252 |  |  |  | 1,034 |  |  |  | — |  |  |  | 26,218 |
Total other loans |  |  | 965,943 |  |  |  | 762,546 |  |  |  | 183,236 |  |  |  | 222,521 |  |  |  | 127,932 |  |  |  | 146,033 |  |  |  | 1,049,200 |  |  |  | 3,457,411 |
Total |  | $ | 10,798,441 |  |  | $ | 7,720,394 |  |  | $ | 6,523,263 |  |  | $ | 4,708,513 |  |  | $ | 3,743,955 |  |  | $ | 8,315,224 |  |  | $ | 1,073,808 |  |  | $ | 42,883,598 |
Summary of Collateral-Dependent Loans Held for Investment by Collateral Type | The following table summarizes the extent to which collateral secures the Company’s collateral-dependent loans held for investment by collateral type as of March 31, 2021:
|  | Collateral Type |
(in thousands) |  | Real Property |  |  | Other |
Multi-family |  | $ | 6,840 |  |  | $ | — |
Commercial real estate |  |  | 25,386 |  |  |  | — |
One-to-four family |  |  | 329 |  |  |  | — |
Acquisition, development, and construction |  |  | — |  |  |  | — |
Commercial and industrial |  |  | — |  |  |  | 16,769 |
Other |  |  | — |  |  |  | — |
Total collateral-dependent loans held for investment |  | $ | 32,555 |  |  | $ | 16,769 |
| The following table summarizes the extent to which collateral secures the Company’s collateral-dependent loans held for investment by collateral type as of December 31, 2020:
|  | Collateral Type |
(in thousands) |  | Real Property |  |  | Other |
Multi-family |  | $ | 7,525 |  |  | $ | — |
Commercial real estate |  |  | 25,462 |  |  |  | — |
One-to-four family |  |  | 557 |  |  |  | — |
Acquisition, development, and construction |  |  | — |  |  |  | — |
Commercial and industrial |  |  | — |  |  |  | 26,487 |
Other |  |  | — |  |  |  | — |
Total collateral-dependent loans held for investment |  | $ | 33,544 |  |  |  | 26,487 |
Details of Interest Income on Non-Accrual Loans |  | The interest income that would have been recorded under the original terms of non-accrual loans at the respective year-ends, and the interest income actually recorded on these loans in the respective years, is summarized below:
|  | December 31, |
(in thousands) |  | 2020 |  |  | 2019 |  |  | 2018 |
Interest income that would have been recorded |  | $ | 4,491 |  |  | $ | 5,599 |  |  | $ | 4,145 |
Interest income actually recorded |  |  | (939 | ) |  |  | (3,409 | ) |  |  | (3,480 | )
Interest income foregone |  | $ | 3,552 |  |  | $ | 2,190 |  |  | $ | 665 |
Information Regarding Troubled Debt Restructurings | The following table presents information regarding the Company’s TDRs as of March 31, 2021 and December 31, 2020:
|  | March 31, 2021 |  |  | December 31, 2020 |
(in thousands) |  | Accruing |  |  | Non-Accrual |  |  | Total |  |  | Accruing |  |  | Non-Accrual |  |  | Total |
Loan Category: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Multi-family |  | $ | — |  |  | $ | 6,840 |  |  | $ | 6,840 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commercial real estate |  |  | 14,894 |  |  |  | — |  |  |  | 14,894 |  |  |  | 14,967 |  |  |  | — |  |  |  | 14,967 |
One-to-four family |  |  | — |  |  |  | 330 |  |  |  | 330 |  |  |  | — |  |  |  | 557 |  |  |  | 557 |
Commercial and industrial (1) |  |  | — |  |  |  | 10,134 |  |  |  | 10,134 |  |  |  | — |  |  |  | 18,761 |  |  |  | 18,761 |
Total |  | $ | 14,894 |  |  | $ | 17,304 |  |  | $ | 32,198 |  |  | $ | 14,967 |  |  | $ | 19,318 |  |  | $ | 34,285 |
(1) | Includes $10.0 million and $17.5 million of taxi medallion-related loans at March 31, 2021 and December 31, 2020, respectively.
| The following table presents information regarding the Company’s TDRs as of December 31, 2020 and 2019:
|  | December 31, 2020 |  |  | December 31, 2019 |
(in thousands) |  | Accruing |  |  | Non- Accrual |  |  | Total |  |  | Accruing |  |  | Non- Accrual |  |  | Total |
Loan Category: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Multi-family |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  | — |  |  |  | 3,577 |  |  |  | 3,577 |
Commercial real estate |  |  | 14,967 |  |  |  | — |  |  |  | 14,967 |  |  |  | — |  |  |  | — |  |  |  | — |
One-to-four family |  |  | — |  |  |  | 557 |  |  |  | 557 |  |  |  | — |  |  |  | 584 |  |  |  | 584 |
Acquisition, development, and construction |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 389 |  |  |  | — |  |  |  | 389 |
Commercial and industrial (1) |  |  | — |  |  |  | 18,761 |  |  |  | 18,761 |  |  |  | 865 |  |  |  | 35,084 |  |  |  | 35,949 |
Total |  | $ | 14,967 |  |  | $ | 19,318 |  |  | $ | 34,285 |  |  |  | 1,254 |  |  |  | 39,245 |  |  |  | 40,499 |
(1) | Includes $ 17.5 million and $ 27.3 million of taxi medallion-related loans at December 31, 2020 and 2019, respectively.
Financial Effects of Troubled Debt Restructurings | The eligibility of a borrower for work-out concessions of any nature depends upon the facts and circumstances of each loan, which may change from period to period, and involves judgment by Company personnel regarding the likelihood that the concession will result in the maximum recovery for the Company. The financial effects of the Company’s TDRs for the three months ended March 31, 2021 and 2020 are summarized as follows:
|  | For the Three Months Ended March 31, 2021 |
|  |  |  |  |  |  |  |  |  |  | Weighted Average Interest Rate |  |  |  |  |  |  |
(dollars in thousands) |  | Number of Loans |  |  | Pre- Modification Recorded Investment |  |  | Post- Modification Recorded Investment |  |  | Pre- Modification |  |  | Post- Modification |  |  | Charge- off Amount |  |  | Capitalized Interest |
Loan Category: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Multi-family |  |  | 1 |  |  | $ | 7,515 |  |  | $ | 7,515 |  |  |  | 3.13 | % |  |  | 3.25 | % |  | $ | — |  |  | $ | — |
|  | For the Three Months Ended March 31, 2020 |
|  |  |  |  |  |  |  |  |  |  | Weighted Average Interest Rate |  |  |  |  |  |  |
(dollars in thousands) |  | 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 |  |  | 8 |  |  | $ | 1,920 |  |  | $ | 1,572 |  |  |  | 3.29 | % |  |  | 3.24 | % |  | $ | 348 |  |  | $ | — |
| The financial effects of the Company’s TDRs for the twelve months ended December 31, 2020, 2019 and 2018 are summarized as follows:
|  | For the Twelve Months Ended December 31, 2020 |
|  |  |  |  |  |  |  |  |  |  | Weighted Average Interest Rate |  |  |  |  |  |  |
(dollars in thousands) |  | Number of Loans |  |  | Pre- Modification Recorded Investment |  |  | Post- Modification Recorded Investment |  |  | Pre- Modification |  |  | Post- Modification |  |  | Charge- off Amount |  |  | Capitalized Interest |
Loan Category: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  |  | 1 |  |  | $ | 15,119 |  |  | $ | 15,119 |  |  |  | 8.00 | % |  |  | 3.50 | % |  | $ | — |  |  | $ | — |
Commercial and industrial |  |  | 42 |  |  |  | 8,912 |  |  |  | 7,471 |  |  |  | 2.36 |  |  |  | 2.23 |  |  |  | 1,441 |  |  |  | — |
Total |  |  | 43 |  |  | $ | 24,031 |  |  | $ | 22,590 |  |  |  |  |  |  |  |  |  |  | $ | 1,441 |  |  | $ | — |
|  | For the Twelve Months Ended December 31, 2019 |
|  |  |  |  |  |  |  |  |  |  | Weighted Average Interest Rate |  |  |  |  |  |  |
(dollars in thousands) |  | Number of Loans |  |  | Pre- Modification Recorded Investment |  |  | Post- Modification Recorded Investment |  |  | Pre- Modification |  |  | Post- Modification |  |  | Charge- off Amount |  |  | Capitalized Interest |
Loan Category: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
One-to-four family |  |  | 1 |  |  |  | 131 |  |  |  | 131 |  |  |  | 5.50 |  |  |  | 5.50 |  |  |  | — |  |  |  | 3 |
Commercial and industrial |  |  | 72 |  |  |  | 35,156 |  |  |  | 30,685 |  |  |  | 4.31 |  |  |  | 4.37 |  |  |  | 4,471 |  |  |  | — |
Total |  |  | 73 |  |  | $ | 35,287 |  |  | $ | 30,816 |  |  |  |  |  |  |  |  |  |  | $ | 4,471 |  |  | $ | 3 |
|  | For the Twelve Months Ended December 31, 2018 |
|  |  |  |  |  |  |  |  |  |  | Weighted Average Interest Rate |  |  |  |  |  |  |
(dollars in thousands) |  | 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 |  |  | 21 |  |  |  | 7,763 |  |  |  | 5,455 |  |  |  | 3.25 |  |  |  | 3.13 |  |  |  | 2,308 |  |  |  | — |
Total |  |  | 22 |  |  | $ | 8,663 |  |  | $ | 6,355 |  |  |  |  |  |  |  |  |  |  | $ | 2,308 |  |  | $ | — |

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