Amalgamated Bank Mortgage Rates, Fees & Info

New York, NY

LEI: 254900FMBXF85WQYV433

Tax ID: 13-4920330

5 stars - out of 5 stars, based on 26 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    Amalgamated Bank is a smaller bank specializing in Refi and Home Purchase loans. Amalgamated Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, Washington, San Francisco, Seattle, and Boston among others. We have data for 92 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Amalgamated Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Amalgamated Bank is typically an average fee lender. They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender in 2021-- chances are they are still one in 2022.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 5.29% 8/6/22
    30 Year Conventional Refi 5.14% 8/6/22
    30 Year Cash-out Refi 5.33% 8/6/22
    30 Year FHA Purchase 5.30% 8/6/22
    15 Year Conventional Purchase 4.67% 8/6/22
    15 Year Conventional Refi 4.50% 8/6/22
    15 Year Cash-out Refi 4.50% 8/6/22
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    699

    Origination Dollar Volume (All Markets)

    $432,575,000

    Employee count

    351 Show all (8) awards

    Relative Rate

    Amalgamated Bank's average 30 year fixed rate mortgage of loans were 2.8%.

    The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

    This yields a difference of -0.35%.

    Relative Fees

    Amalgamated Bank's average total fees for a 30 year fixed rate mortgage are $4,802.

    The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) » 284 $149,130,000 $525,106 $4,920 2.77%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) » 76 $73,350,000 $965,132 $4,257 2.72%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) » 39 $33,225,000 $851,923 $4,775 2.60%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) » 24 $19,160,000 $798,333 $4,515 2.57%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) » 26 $15,670,000 $602,692 $3,771 2.71%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) » 14 $11,150,000 $796,429 $7,479 2.61%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) » 15 $10,435,000 $695,667 $4,219 2.65%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) » 13 $9,065,000 $697,308 $5,529 2.66%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) » 8 $6,550,000 $818,750 $4,543 2.70%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) » 10 $6,290,000 $629,000 $3,569 2.58%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) » 13 $6,215,000 $478,077 $5,796 2.74%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) » 9 $5,985,000 $665,000 $3,838 2.54%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) » 9 $5,295,000 $588,333 $4,778 2.56%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) » 8 $4,560,000 $570,000 $4,643 2.69%
    Outside of Metro Areas 7 $3,665,000 $523,571 $4,093 2.75%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) » 4 $3,290,000 $822,500 $4,968 2.38%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) » 5 $3,175,000 $635,000 $4,859 2.73%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) » 6 $3,090,000 $515,000 $3,794 2.63%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) » 2 $2,290,000 $1,145,000 $3,847 2.44%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) » 3 $2,265,000 $755,000 $3,282 2.58%
    PITTSFIELD, MA (FHA|USDA|VA) » 4 $2,170,000 $542,500 $4,759 3.09%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) » 3 $1,985,000 $661,667 $6,810 2.75%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) » 7 $1,955,000 $279,286 $4,827 2.48%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) » 4 $1,890,000 $472,500 $4,131 2.69%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) » 6 $1,840,000 $306,667 $3,920 2.92%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) » 2 $1,790,000 $895,000 $4,877 2.81%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) » 3 $1,715,000 $571,667 $4,722 2.92%
    Steamboat Springs, CO (FHA|USDA|VA) » 1 $1,705,000 $1,705,000 $4,087 2.50%
    BOULDER, CO (FHA|USDA|VA) » 2 $1,700,000 $850,000 $3,854 2.50%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) » 3 $1,535,000 $511,667 $3,243 2.75%
    SALT LAKE CITY, UT (FHA|USDA|VA) » 2 $1,470,000 $735,000 $3,771 2.94%
    RALEIGH-CARY, NC (FHA|USDA|VA) » 2 $1,450,000 $725,000 $3,427 2.63%
    ANN ARBOR, MI (FHA|USDA|VA) » 1 $1,445,000 $1,445,000 $3,682 2.50%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) » 3 $1,395,000 $465,000 $4,968 2.50%
    Breckenridge, CO (FHA|USDA|VA) » 1 $1,355,000 $1,355,000 $4,132 3.13%
    PITTSBURGH, PA (FHA|USDA|VA) » 2 $1,290,000 $645,000 $9,160 2.38%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) » 2 $1,250,000 $625,000 $3,277 3.13%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) » 2 $1,190,000 $595,000 $7,323 3.13%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) » 4 $1,140,000 $285,000 $3,660 3.03%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) » 3 $985,000 $328,333 $3,148 2.50%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) » 1 $965,000 $965,000 $8,841 2.75%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) » 2 $960,000 $480,000 $7,515 2.63%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) » 1 $945,000 $945,000 $8,464 2.75%
    ALBUQUERQUE, NM (FHA|USDA|VA) » 3 $905,000 $301,667 $4,569 2.13%
    Morehead City, NC (FHA|USDA|VA) » 1 $865,000 $865,000 $9,182 2.38%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) » 3 $855,000 $285,000 $3,968 3.13%
    COLUMBIA, SC (FHA|USDA|VA) » 1 $855,000 $855,000 $3,525 3.13%
    RICHMOND, VA (FHA|USDA|VA) » 2 $810,000 $405,000 $3,237 2.25%
    FORT COLLINS, CO (FHA|USDA|VA) » 1 $805,000 $805,000 $3,597 2.75%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) » 1 $785,000 $785,000 $5,358 2.38%
    London, KY (FHA|USDA|VA) » 1 $785,000 $785,000 $3,669 2.38%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) » 1 $775,000 $775,000 $5,582 3.00%
    BLOOMINGTON, IL (FHA|USDA|VA) » 1 $765,000 $765,000 $3,610 2.50%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) » 2 $740,000 $370,000 $3,555 2.50%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) » 1 $725,000 $725,000 $6,986 2.50%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) » 1 $715,000 $715,000 $3,016 3.13%
    WINSTON-SALEM, NC (FHA|USDA|VA) » 1 $675,000 $675,000 $4,214 2.63%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) » 1 $665,000 $665,000 $8,467 2.50%
    BEND, OR (FHA|USDA|VA) » 1 $665,000 $665,000 $5,153 2.75%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) » 1 $635,000 $635,000 $3,466 2.88%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) » 1 $625,000 $625,000 $3,132 2.38%
    JACKSONVILLE, FL (FHA|USDA|VA) » 1 $605,000 $605,000 $9,480 2.50%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) » 3 $575,000 $191,667 $3,411 2.67%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) » 1 $555,000 $555,000 $5,260 2.88%
    BELLINGHAM, WA (FHA|USDA|VA) » 1 $545,000 $545,000 $6,254 2.63%
    COLORADO SPRINGS, CO (FHA|USDA|VA) » 1 $515,000 $515,000 $3,167 2.75%
    ROANOKE, VA (FHA|USDA|VA) » 1 $515,000 $515,000 $3,137 2.25%
    ASHEVILLE, NC (FHA|USDA|VA) » 2 $510,000 $255,000 $4,003 3.06%
    WILMINGTON, NC (FHA|USDA|VA) » 1 $505,000 $505,000 $8,117 2.38%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) » 1 $475,000 $475,000 $3,106 2.88%
    STOCKTON, CA (FHA|USDA|VA) » 2 $410,000 $205,000 $2,982 2.50%
    KINGSTON, NY (FHA|USDA|VA) » 2 $410,000 $205,000 $4,450 2.88%
    SALISBURY, MD-DE (FHA|USDA|VA) » 1 $395,000 $395,000 $15,093 2.00%
    Lake City, FL (FHA|USDA|VA) » 1 $395,000 $395,000 $4,545 2.13%
    SALEM, OR (FHA|USDA|VA) » 1 $385,000 $385,000 $6,905 3.25%
    VALLEJO, CA (FHA|USDA|VA) » 2 $380,000 $190,000 $3,478 2.69%
    Glenwood Springs, CO (FHA|USDA|VA) » 1 $355,000 $355,000 $3,336 3.00%
    SHERMAN-DENISON, TX (FHA|USDA|VA) » 1 $345,000 $345,000 $5,075 2.88%
    Hudson, NY (FHA|USDA|VA) » 2 $340,000 $170,000 $5,265 3.00%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) » 2 $310,000 $155,000 $2,897 3.13%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) » 1 $285,000 $285,000 $3,221 3.13%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) » 1 $275,000 $275,000 $2,992 2.88%
    Centralia, WA (FHA|USDA|VA) » 1 $265,000 $265,000 $3,307 3.00%
    HARRISONBURG, VA (FHA|USDA|VA) » 1 $245,000 $245,000 $3,559 2.75%
    SALINAS, CA (FHA|USDA|VA) » 1 $225,000 $225,000 $2,867 2.00%
    MEDFORD, OR (FHA|USDA|VA) » 1 $215,000 $215,000 $3,614 2.50%
    Rutland, VT (FHA|USDA|VA) » 1 $205,000 $205,000 $3,690 3.38%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) » 1 $165,000 $165,000 $4,695 2.75%
    Torrington, CT (FHA|USDA|VA) » 1 $155,000 $155,000 $2,924 2.50%
    SPRINGFIELD, MA (FHA|USDA|VA) » 1 $155,000 $155,000 $3,557 2.75%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) » 1 $115,000 $115,000 $4,299 2.50%
    ROCHESTER, NY (FHA|USDA|VA) » 1 $115,000 $115,000 $4,230 2.13%

    Amalgamated Bank's top markets include New York, Washington, San Francisco, Seattle, and Boston among others.

    Product Mix

    Loan Type Originations Total Value Average Loan Average Fees Average Rate
    Conventional » 699 $432,575,000 $618,848 $4,724 2.71%

    For the 2021 period, Amalgamated Bank's most frequently originated loan type of loans were Conventional, with 699 originations.

    Loan Reason

    Loan Reason Originations Total Value Average Loan Average Fees Average Rate
    Refi » 359 $252,245,000 $702,632 $4,640 2.60%
    Home Purchase » 211 $91,275,000 $432,583 $4,826 2.81%
    Cash Out Refi » 110 $80,790,000 $734,455 $4,659 2.86%
    Other » 19 $8,265,000 $435,000 $5,500 2.91%

    For the 2021, Amalgamated Bank's most frequently cited loan purpose of loans were Refi, with 359 originations. The 2nd most popular reason of loans were Home Purchase, with 211 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year » 514 $294,200,000 $572,374 $4,802 2.80%
    15 Year » 147 $72,025,000 $489,966 $4,445 2.42%
    20 Year » 16 $6,030,000 $376,875 $4,709 2.50%
    10 Year » 10 $9,700,000 $970,000 $5,603 2.48%
    Other » 8 $30,020,000 $3,752,500 $3,199 3.00%
    5 Year » 4 $20,600,000 $5,150,000 $0 3.28%

    For the 2021, Amalgamated Bank's most frequently cited loan length of loans were 30 Year, with 514 originations. The 2nd most popular length of loans were 15 Year, with 147 originations.

    Origination Fees

    Origination Fee Originations Total Value Average Loan
    $1k-2k » 506 $283,230,000 $559,743
    $2k-3k » 81 $25,815,000 $318,704
    $5k+ » 42 $34,330,000 $817,381
    $3k-4k » 38 $21,160,000 $556,842
    $4k-5k » 22 $11,840,000 $538,182

    $4,802 of loans were Amalgamated Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 506 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% » 340 $201,740,000 $593,353
    <2.5% » 253 $151,985,000 $600,731
    3-4% » 106 $78,850,000 $743,868

    During 2021, Amalgamated Bank's average interest rate of loans were 2.80%, while their most frequently originated rate bucket of loans were 2.5-3%, with 340 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k » 204 $60,120,000 $294,706 $4,155 2.75%
    $600k-1MM » 181 $142,235,000 $785,829 $5,275 2.68%
    $400k-600k » 151 $74,255,000 $491,755 $4,800 2.70%
    $1MM+ » 77 $143,335,000 $1,861,494 $6,247 2.74%
    $100k-200k » 76 $11,830,000 $155,658 $3,629 2.67%
    $100,000 or less » 10 $800,000 $80,000 $3,266 3.03%

    2021 saw Amalgamated Bank place emphasis on $200k-400k loans with 204 originations, totaling $60,120,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ » 238 $191,170,000 $803,235 $5,286 2.64%
    $150k-250k » 182 $102,120,000 $561,099 $4,789 2.71%
    $100k-150k » 126 $47,340,000 $375,714 $4,398 2.72%
    $75k-100k » 73 $20,405,000 $279,521 $3,955 2.83%
    $50k-75k » 55 $12,995,000 $236,273 $4,186 2.78%
    $50k or less » 15 $2,345,000 $156,333 $3,441 2.77%

    Amalgamated Bank lent most frequently to those with incomes in the $250k+ range, with 238 originations. The second most popular income band? $150k-250k, with 182 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% » 217 $123,885,000 $570,899 $4,418 2.67%
    30-36% » 137 $79,635,000 $581,277 $5,405 2.71%
    <20% » 111 $60,515,000 $545,180 $4,678 2.61%
    40% » 35 $17,905,000 $511,571 $4,639 2.78%
    39% » 34 $16,320,000 $480,000 $4,519 2.81%
    37% » 32 $18,550,000 $579,688 $4,446 2.75%
    41% » 24 $11,460,000 $477,500 $4,532 2.79%
    36% » 21 $11,295,000 $537,857 $4,265 2.85%
    38% » 19 $8,405,000 $442,368 $4,741 2.77%
    42% » 18 $12,030,000 $668,333 $5,004 2.78%
    44% » 9 $2,635,000 $292,778 $4,044 2.96%
    46% » 8 $3,190,000 $398,750 $4,213 2.75%
    43% » 7 $3,535,000 $505,000 $7,031 2.88%
    49% » 6 $2,400,000 $400,000 $5,500 2.33%
    48% » 5 $1,985,000 $397,000 $3,365 2.80%
    47% » 3 $1,285,000 $428,333 $5,332 2.63%
    45% » 3 $1,345,000 $448,333 $4,959 2.83%

    Amalgamated Bank lent most frequently to those with DTI ratios of 20-30%, with 217 originations. The next most common DTI ratio? 30-36%, with 137 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White » 405 $220,865,000 $545,346 $4,680 2.70%
    Not provided » 115 $64,215,000 $558,391 $4,453 2.68%
    Not applicable » 10 $56,200,000 $5,620,000 $0 3.31%
    Asian » 86 $52,280,000 $607,907 $5,187 2.71%
    Black » 50 $19,830,000 $396,600 $4,491 2.89%
    Asian Indian » 17 $11,475,000 $675,000 $5,027 2.56%
    Other Asian » 5 $2,865,000 $573,000 $8,081 2.55%
    American Indian » 8 $2,160,000 $270,000 $4,433 2.59%
    Chinese » 2 $1,590,000 $795,000 $7,350 2.63%
    Native Hawaiian or Islander » 1 $1,095,000 $1,095,000 $3,667 2.63%

    Approval Rates

    Total approvals of all applications
    95.78%

    Amalgamated Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    86.41%

    Amalgamated Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 699 $432,575,000 $618,848

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    » 699 $432,575,000 $618,848

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% » 68 $33,270,000 $489,265 $4,377 2.55%
    40-60% » 184 $124,700,000 $677,717 $4,605 2.64%
    60-80% » 344 $225,380,000 $655,174 $4,740 2.75%
    80-100% » 93 $46,965,000 $505,000 $5,194 2.84%
    Under 20% » 10 $2,260,000 $226,000 $4,255 2.90%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Amalgamated Bank 10 East 14th Street New York, NY 10003 Full Service Retail $346,838
    Amalgamated Bank 1212 Fulton Street Brooklyn, NY 11216 Full Service Retail $33,249
    Amalgamated Bank 1825 K Street, N.W. Washington, DC 20006 Full Service B&M $1,959,504
    Amalgamated Bank 2067 Bartow Avenue Bronx, NY 10475 Full Service B&M $184,918
    Amalgamated Bank 255 California Street, Suite 600 San Francisco, CA 94111 Full Service B&M $37,206
    Amalgamated Bank 275 7th Ave New York, NY 10001 Full Service B&M $3,351,173

    For 2021, Amalgamated Bank had 6 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $180,634
    Net interest income $174,823
    Total noninterest income $27,614
    Gross Fiduciary activities income $13,811
    Service charges on deposit accounts $8,379
    Trading account gains and fees $0
    Additional Noninterest Income $5,424
    Pre-tax net operating income $70,618
    Securities gains (or losses, -) $654
    Income before extraordinary items $53,485
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $53,485
    Minority interest net income $0
    Net income $53,485
    Sale, conversion, retirement of capital stock, net $-3,013
    Net operating income $52,968

    Amalgamated Bank's gross interest income from loans was $180,634,000.
    Amalgamated Bank's net interest income from loans was $174,823,000.
    Amalgamated Bank's fee based income from loans was $8,379,000.
    Amalgamated Bank's net income from loans was $53,485,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,811
    Provision for credit losses $-287
    Total noninterest expense $132,106
    Salaries and employee benefits $69,756
    Premises and equipment expense $16,276
    Additional noninterest expense $46,074
    Applicable income taxes $17,787
    Net charge-offs $5,436
    Cash dividends $10,103

    Amalgamated Bank's interest expense for loans was $5,811,000.
    Amalgamated Bank's payroll and benefits expense were $69,756,000.
    Amalgamated Bank's property, plant and equipment expenses $16,276,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $6,359,103
    Deposits held in domestic offices $6,359,103
    Deposits by Individuals, partnerships, and corporations $6,342,559
    Deposits by U.S. Government $3
    Deposits by States and political subdivisions in the U.S. $0
    Deposits by Commercial banks and other depository institutions in U.S. $16,541
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $245,646
    Demand deposits $77,642
    Nontransaction accounts $6,113,457
    Money market deposit accounts (MMDAs) $5,531,003
    Other savings deposits (excluding MMDAs) $375,301
    Total time deposits $207,152
    Total time and savings deposits $6,281,461
    Noninterest-bearing deposits $3,315,163
    Interest-bearing deposits $3,043,940
    Retail deposits $6,301,197
    IRAs and Keogh plan accounts $32,725
    Brokered deposits $23,834
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $7,040,204
    Cash & Balances due from depository institutions $290,447
    Interest-bearing balances $278,977
    Total securities $2,956,979
    Federal funds sold & reverse repurchase $229,018
    Net loans and leases $3,281,114
    Loan and leases loss allowance $35,866
    Trading account assets $0
    Bank premises and fixed assets $44,850
    Other real estate owned $307
    Goodwill and other intangibles $17,087
    All other assets $220,402

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $7,040,204
    Total Liabilities $6,434,997
    Total deposits $6,359,103
    Interest-bearing deposits $3,043,940
    Deposits held in domestic offices $6,359,103
    % insured (estimated) $32
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $75,894

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $3,281,114
    Loan and leases loss allowance $35,866
    Total loans and leases (domestic) $3,316,980
    All real estate loans $2,294,511
    Real estate loans in domestic offices $2,294,511
    Construction and development loans $29,473
    Residential 1-4 family construction $0
    Other construction, all land development and other land $29,473
    Loans secured by nonfarm nonresidential properties $370,601
    Nonfarm nonresidential secured by owner-occupied properties $42,456
    Commercial real estate & other non-farm, non-residential $328,145
    Multifamily residential real estate $822,317
    1-4 family residential loans $1,070,055
    Farmland loans $2,065
    Loans held in foreign offices $0
    Farm loans $1,250
    Commercial and industrial loans $720,864
    To non-U.S. addressees $0
    Loans to individuals $291,843
    Credit card loans $0
    Related Plans $477
    Consumer Auto Loans $0
    Other loans to individuals $291,366
    All other loans & leases $8,512
    Loans to foreign governments and official institutions $0
    Other loans $8,512
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $21,923
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $24,997
    Non 1-4 family restructured loans & leases $11,528
    Total loans and leases (foreign) $0

    Amalgamated Bank had $3,281,114,000 of loans outstanding in 2021. $2,294,511,000 of loans were in real estate loans. $29,473,000 of loans were in development loans. $822,317,000 of loans were in multifamily mortgage loans. $1,070,055,000 of loans were in 1-4 family mortgage loans. $1,250,000 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 43 $27,945 $649,884
    Nonfarm, nonresidential loans - $100-250k 2 $320 $160,000
    Nonfarm, nonresidential loans - $250k-1MM 41 $27,625 $673,780
    Commercial & Industrial, US addressed loans - <$1MM 178 $27,555 $154,803
    Commercial & Industrial, US addressed loans - <$100k 120 $485 $4,042
    Commercial & Industrial, US addressed loans - $100-250k 15 $2,340 $156,000
    Commercial & Industrial, US addressed loans - $250k-1MM 43 $24,730 $575,116