Carver Federal Savings Bank Mortgage Rates, Fees & Info
New York, NY
LEI: 2549007AVAXPID11FL11
Tax ID: 13-1592005
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Mortgage Data
Bank Data
Review & Overview
Carver Federal Savings Bank is a smaller bank specializing in
various types of mortgages.
Carver Federal Savings Bank has
an above average approval rate when compared to the average across all lenders.
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Originations
0
Origination Dollar Volume (All Markets)
$0
Employee count
119
Bank Details
Branches
| Bank Name |
Branch |
Branch Type |
Deposits (000's) |
| Carver Federal Savings Bank |
1009 Nostrand Avenue Brooklyn, NY 11225 |
Full Service B&M
|
$55,589 |
| Carver Federal Savings Bank |
115-02 Merrick Blvd Jamaica, NY 11434 |
Full Service B&M
|
$45,648 |
| Carver Federal Savings Bank |
1392 Fulton Street Brooklyn, NY 11216 |
Full Service B&M
|
$62,850 |
| Carver Federal Savings Bank |
142 Malcolm X Boulevard New York, NY 10026 |
Full Service B&M
|
$18,235 |
| Carver Federal Savings Bank |
158-45 Archer Ave At 160th Street Jamaica, NY 11433 |
Full Service B&M
|
$12,426 |
| Carver Federal Savings Bank |
300 West 145th Street New York, NY 10039 |
Full Service B&M
|
$6,024 |
| Carver Federal Savings Bank |
4 Hanson Place Brooklyn, NY 11217 |
Full Service B&M
|
$30,356 |
| Carver Federal Savings Bank |
75 West 125th Street New York, NY 10027 |
Full Service B&M
|
$318,195 |
| Carver Federal Savings Bank |
833 Flatbush Avenue Brooklyn, NY 11226 |
Full Service B&M
|
$15,853 |
For 2018, Carver Federal Savings Bank had 9 branches.
Yearly Performance Overview
Bank Income
Carver Federal Savings Bank's gross interest income from loans was $23,726,000.
Carver Federal Savings Bank's net interest income from loans was $18,349,000.
Carver Federal Savings Bank's fee based income from loans was $1,313,000.
Carver Federal Savings Bank's net income from loans was $4,040,000.
Bank Expenses
| Item |
Value (in 000's) |
| Total interest expense |
$5,377 |
| Provision for credit losses |
$-273 |
| Total noninterest expense |
$28,632 |
| Salaries and employee benefits |
$12,423 |
| Premises and equipment expense |
$5,294 |
| Additional noninterest expense |
$10,915 |
| Applicable income taxes |
$-25 |
| Net charge-offs |
$-5 |
| Cash dividends |
$0 |
Carver Federal Savings Bank's interest expense for loans was $5,377,000.
Carver Federal Savings Bank's payroll and benefits expense were $12,423,000.
Carver Federal Savings Bank's property, plant and equipment expenses $5,294,000.
Deposits
| Type |
Value (in 000's) |
| Total deposits |
$520,615 |
| Deposits held in domestic offices |
$520,615 |
| Deposits by Individuals, partnerships, and corporations |
$442,519 |
| Deposits by U.S. Government |
$0 |
| Deposits by States and political subdivisions in the U.S. |
$16,779 |
| Deposits by Commercial banks and other depository institutions in U.S. |
$61,317 |
| Deposits by Banks in foreign countries |
$0 |
| Deposits by Foreign governments and official institutions |
$0 |
| Transaction accounts |
$97,917 |
| Demand deposits |
$92,061 |
| Nontransaction accounts |
$422,698 |
| Money market deposit accounts (MMDAs) |
$94,335 |
| Other savings deposits (excluding MMDAs) |
$99,267 |
| Total time deposits |
$229,095 |
| Total time and savings deposits |
$428,554 |
| Noninterest-bearing deposits |
$63,605 |
| Interest-bearing deposits |
$457,009 |
| Retail deposits |
$396,993 |
| IRAs and Keogh plan accounts |
$5,489 |
| Brokered deposits |
$97,512 |
| Deposits held in foreign offices |
$0 |
Assets
| Asset |
Value (in 000's) |
| Total Assets |
$592,255 |
| Cash & Balances due from depository institutions |
$42,848 |
| Interest-bearing balances |
$38,474 |
| Total securities |
$114,087 |
| Federal funds sold & reverse repurchase |
$0 |
| Net loans and leases |
$422,605 |
| Loan and leases loss allowance |
$4,802 |
| Trading account assets |
$0 |
| Bank premises and fixed assets |
$5,252 |
| Other real estate owned |
$453 |
| Goodwill and other intangibles |
$209 |
| All other assets |
$6,801 |
Liabilities
| Liabilities |
Value (in 000's) |
| Total liabilities and capital |
$592,255 |
| Total Liabilities |
$529,829 |
| Total deposits |
$520,615 |
| Interest-bearing deposits |
$457,009 |
| Deposits held in domestic offices |
$520,615 |
| % insured (estimated) |
$89 |
| Federal funds purchased and repurchase agreements |
$0 |
| Trading liabilities |
$0 |
| Other borrowed funds |
$0 |
| Subordinated debt |
$0 |
| All other liabilities |
$9,214 |
Issued Loan Types
| Type |
Value (in 000's) |
| Net loans and leases |
$422,605 |
| Loan and leases loss allowance |
$4,802 |
| Total loans and leases (domestic) |
$427,407 |
| All real estate loans |
$405,723 |
| Real estate loans in domestic offices |
$405,723 |
| Construction and development loans |
$0 |
| Residential 1-4 family construction |
$0 |
| Other construction, all land development and other land |
$0 |
| Loans secured by nonfarm nonresidential properties |
$203,244 |
| Nonfarm nonresidential secured by owner-occupied properties |
$78,293 |
| Commercial real estate & other non-farm, non-residential |
$124,951 |
| Multifamily residential real estate |
$78,126 |
| 1-4 family residential loans |
$124,353 |
| Farmland loans |
$0 |
| Loans held in foreign offices |
$0 |
| Farm loans |
$0 |
| Commercial and industrial loans |
$12,193 |
| To non-U.S. addressees |
$0 |
| Loans to individuals |
$4,427 |
| Credit card loans |
$0 |
| Related Plans |
$0 |
| Consumer Auto Loans |
$0 |
| Other loans to individuals |
$4,427 |
| All other loans & leases |
$5,063 |
| Loans to foreign governments and official institutions |
$0 |
| Other loans |
$5,063 |
| Loans to depository institutions and acceptances of other banks |
$0 |
| Loans not secured by real estate |
$5,000 |
| Loans secured by real estate to non-U.S. addressees |
$0 |
| Restructured Loans & leases |
$2,302 |
| Non 1-4 family restructured loans & leases |
$1,175 |
| Total loans and leases (foreign) |
$0 |
Carver Federal Savings Bank had $422,605,000 of loans outstanding in 2018. $405,723,000 of loans were in real estate loans.
$0 of loans were in development loans. $78,126,000 of loans were in multifamily mortgage loans.
$124,353,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0
of loans were in credit card loans. $0 of loans were in the auto loan category.
Small Business Loans
| Categorization |
# of Loans in Category |
$ amount of loans (in 000's) |
Average $/loan |
| Nonfarm, nonresidential loans - <$1MM |
109 |
$41,229 |
$378,248 |
| Nonfarm, nonresidential loans - <$100k |
3 |
$134 |
$44,667 |
| Nonfarm, nonresidential loans - $100-250k |
17 |
$2,276 |
$133,882 |
| Nonfarm, nonresidential loans - $250k-1MM |
89 |
$38,819 |
$436,169 |
| Commercial & Industrial, US addressed loans - <$1MM |
76 |
$6,490 |
$85,395 |
| Commercial & Industrial, US addressed loans - <$100k |
41 |
$735 |
$17,927 |
| Commercial & Industrial, US addressed loans - $100-250k |
18 |
$1,254 |
$69,667 |
| Commercial & Industrial, US addressed loans - $250k-1MM |
17 |
$4,501 |
$264,765 |