Amalgamated Bank Mortgage Rates, Fees & Info

New York, NY

LEI: 254900FMBXF85WQYV433

Tax ID: 13-4920330

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 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. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) 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 the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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	6.18%	12/16/24
30 Year Conventional Refi	6.14%	12/16/24
30 Year Cash-out Refi	6.23%	12/16/24
15 Year Conventional Purchase	5.72%	12/16/24
15 Year Conventional Refi	5.68%	12/16/24
15 Year Cash-out Refi	5.68%	12/16/24
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.

Amalgamated Bank Mortgage Calculator

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% Deposit:

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This is not an official calculator from Amalgamated Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.

Originations

699

Origination Dollar Volume (All Markets)

$432,575,000

Employee count

351

Awards

Amalgamated Bank 30 Year Conventional Loans gold

Amalgamated Bank 30 Year Conventional Loans silver

Show all (8) awards

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.

Their top states include:

New York (FHA|USDA|VA)

California (FHA|USDA|VA)

District of Columbia (FHA|USDA|VA)

Washington (FHA|USDA|VA)

Florida (FHA|USDA|VA)

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Product Mix

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

For 2021, Amalgamated Bank's most frequently originated type of loan was Conventional, with 699 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. 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 2021, Amalgamated Bank's most frequently cited loan purpose was Refi, with 359 originations. The 2nd most popular reason was 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 2021, Amalgamated Bank's most frequently cited loan duration was 30 Year, with 514 originations. The 2nd most popular length was 15 Year, with 147 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	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

Amalgamated Bank's average total fees were $4,802, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 2.80%, while their most frequently originated rate bucket for loans was 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