Popular Bank Mortgage Rates, Fees & Info
New York, NY
LEI: 549300E0WPRCJMXMUM09
Tax ID: 52-2126008
3.3 stars
-
out of 5 stars, based on 26 reviews
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Mortgage Data
Bank Data
Overview
Popular Bank is a
smaller
bank
specializing in
Home Purchase and Refi loans.
Popular Bank has a high proportion of conventional loans.
Their top markets include New York, Miami, Key West, Poughkeepsie, and Bridgeport among others. Popular Bank has
an average
approval rate for mortages when compared nationally.
They have
a below average
pick rate when compared to the same sample of other lendors.
Popular Bank is typically
a high fee
lendor.
Originations
684
Origination Dollar Volume (All Markets)
$727,400,000
Employee count
667
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Popular Bank - 2021
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Relative Rate
Popular Bank's average 30 year fixed rate mortgage of loans were
3.03%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.12%.
Relative Fees
Popular Bank's average total fees for a 30 year fixed rate
mortgage are $6,820.
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
| Market |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
|
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA)
|
374
|
$453,230,000 |
$1,211,845 |
$6,708 |
3.01% |
|
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)
|
239
|
$236,695,000 |
$990,356 |
$6,578 |
3.17% |
|
Key West, FL (FHA|USDA|VA)
|
6
|
$7,080,000 |
$1,180,000 |
$10,637 |
2.96% |
|
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA)
|
19
|
$5,585,000 |
$293,947 |
$4,854 |
2.95% |
|
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA)
|
5
|
$4,765,000 |
$953,000 |
$6,680 |
3.03% |
|
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA)
|
3
|
$2,355,000 |
$785,000 |
$4,665 |
3.08% |
|
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA)
|
2
|
$2,320,000 |
$1,160,000 |
$15,650 |
3.00% |
|
SANTA FE, NM (FHA|USDA|VA)
|
1
|
$1,615,000 |
$1,615,000 |
$8,960 |
2.75% |
|
Steamboat Springs, CO (FHA|USDA|VA)
|
2
|
$1,540,000 |
$770,000 |
$4,546 |
2.88% |
|
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA)
|
4
|
$1,420,000 |
$355,000 |
$6,061 |
2.91% |
|
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA)
|
1
|
$1,005,000 |
$1,005,000 |
$4,031 |
2.88% |
|
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA)
|
1
|
$965,000 |
$965,000 |
$15,062 |
3.13% |
|
Glenwood Springs, CO (FHA|USDA|VA)
|
1
|
$905,000 |
$905,000 |
$5,231 |
2.63% |
|
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA)
|
1
|
$865,000 |
$865,000 |
$0 |
3.25% |
|
Sevierville, TN (FHA|USDA|VA)
|
1
|
$785,000 |
$785,000 |
$10,730 |
2.63% |
|
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA)
|
1
|
$765,000 |
$765,000 |
$4,287 |
3.00% |
|
Outside of Metro Areas
|
3 |
$675,000 |
$225,000 |
$4,297 |
2.75% |
|
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA)
|
2
|
$660,000 |
$330,000 |
$6,352 |
3.50% |
|
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA)
|
3
|
$595,000 |
$198,333 |
$3,524 |
2.67% |
|
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA)
|
2
|
$480,000 |
$240,000 |
$4,409 |
3.13% |
|
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA)
|
2
|
$460,000 |
$230,000 |
$3,764 |
3.06% |
|
Arcadia, FL (FHA|USDA|VA)
|
1
|
$425,000 |
$425,000 |
$0 |
3.13% |
|
NEW HAVEN-MILFORD, CT (FHA|USDA|VA)
|
2
|
$420,000 |
$210,000 |
$3,394 |
3.25% |
|
KINGSTON, NY (FHA|USDA|VA)
|
1
|
$415,000 |
$415,000 |
$4,938 |
2.63% |
|
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA)
|
2
|
$370,000 |
$185,000 |
$2,937 |
2.75% |
|
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA)
|
1
|
$305,000 |
$305,000 |
$3,254 |
3.88% |
|
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA)
|
1
|
$205,000 |
$205,000 |
$6,236 |
2.75% |
|
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA)
|
1
|
$205,000 |
$205,000 |
$3,037 |
3.00% |
|
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA)
|
1
|
$165,000 |
$165,000 |
$4,560 |
3.25% |
|
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA)
|
1
|
$125,000 |
$125,000 |
$3,151 |
3.13% |
Popular Bank's top markets include New York, Miami, Key West, Poughkeepsie, and Bridgeport among others.
Product Mix
| Loan Type |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| Conventional |
684 |
$727,400,000 |
$1,063,450 |
$6,563 |
3.06% |
For the 2021 period, Popular Bank's most frequently
originated loan type
of loans were Conventional, with 684 originations.
Loan Reason
| Loan Reason |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| Home Purchase |
323 |
$362,285,000 |
$1,121,625 |
$6,934 |
3.05% |
| Refi |
233 |
$297,165,000 |
$1,275,386 |
$5,971 |
3.06% |
| Cash Out Refi |
101 |
$51,355,000 |
$508,465 |
$6,546 |
3.12% |
| Other |
27 |
$16,595,000 |
$614,630 |
$6,662 |
2.99% |
For the 2021, Popular Bank's most frequently cited loan
purpose
of loans were Home Purchase, with 323
originations.
The 2nd most popular reason of loans were Refi,
with 233 originations.
Loan Duration/Length
| Loan Length |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| 30 Year |
501 |
$318,655,000 |
$636,038 |
$6,820 |
3.03% |
| 10 Year |
84 |
$181,380,000 |
$2,159,286 |
$3,293 |
3.48% |
| 15 Year |
61 |
$26,685,000 |
$437,459 |
$4,812 |
2.66% |
| 5 Year |
15 |
$93,835,000 |
$6,255,667 |
$0 |
3.32% |
| 20 Year |
14 |
$3,850,000 |
$275,000 |
$5,149 |
3.00% |
| Other |
6 |
$36,380,000 |
$6,063,333 |
$0 |
3.34% |
| 1 Year |
2 |
$54,510,000 |
$27,255,000 |
$0 |
3.25% |
| 3 Year |
1 |
$12,105,000 |
$12,105,000 |
$0 |
3.04% |
For the 2021, Popular Bank's most frequently cited loan
length
of loans were 30 Year, with 501 originations.
The 2nd most popular length of loans were 10 Year,
with 84 originations.
Origination Fees
| Origination Fee |
Originations |
Total Value |
Average Loan |
| $<1k |
198 |
$128,030,000 |
$646,616 |
| $1k-2k |
138 |
$57,900,000 |
$419,565 |
| $2k-3k |
69 |
$38,005,000 |
$550,797 |
| $3k-4k |
51 |
$37,285,000 |
$731,078 |
| $5k+ |
49 |
$52,505,000 |
$1,071,531 |
$6,820 of loans were Popular Bank's
average total fees, while their most
frequently occuring range of origination fees were in the
$<1k bucket,
with 198 originations.
Interest Rates
| Loan Rate |
Originations |
Total Value |
Average Loan |
| 2.5-3% |
333 |
$271,645,000 |
$815,751 |
| 3-4% |
290 |
$431,580,000 |
$1,488,207 |
| <2.5% |
48 |
$18,190,000 |
$378,958 |
| 4-5% |
13 |
$5,985,000 |
$460,385 |
During 2021, Popular Bank's average interest
rate of loans were 3.03%, while their
most frequently originated rate bucket of loans were 2.5-3%,
with 333 originations.
Loan Sizing
| Loan Size |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| $200k-400k |
182 |
$54,360,000 |
$298,681 |
$4,644 |
3.07% |
| $1MM+ |
155 |
$487,455,000 |
$3,144,871 |
$11,569 |
3.10% |
| $600k-1MM |
142 |
$107,830,000 |
$759,366 |
$7,457 |
3.06% |
| $400k-600k |
136 |
$67,440,000 |
$495,882 |
$6,198 |
3.00% |
| $100k-200k |
63 |
$9,835,000 |
$156,111 |
$4,092 |
3.04% |
| $100,000 or less |
6 |
$480,000 |
$80,000 |
$3,858 |
3.48% |
2021 saw Popular Bank place emphasis on
$200k-400k loans
with 182 originations, totaling
$54,360,000 in origination value.
Applicant Income
| Applicant Income |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| $250k+ |
204 |
$198,450,000 |
$972,794 |
$8,622 |
2.92% |
| $100k-150k |
125 |
$49,635,000 |
$397,080 |
$5,555 |
3.04% |
| $150k-250k |
124 |
$64,470,000 |
$519,919 |
$5,994 |
2.96% |
| $75k-100k |
56 |
$18,400,000 |
$328,571 |
$5,069 |
3.06% |
| $50k-75k |
54 |
$13,430,000 |
$248,704 |
$4,746 |
3.04% |
| $50k or less |
11 |
$1,505,000 |
$136,818 |
$3,614 |
3.09% |
Popular Bank lent most frequently to those with incomes in the
$250k+ range, with
204 originations.
The second most popular income band? $100k-150k,
with 125 originations.
Applicant Debt to Income Ratio
| DTI Ratio |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| 20-30% |
102 |
$60,940,000 |
$597,451 |
$6,615 |
2.96% |
| 30-36% |
98 |
$60,700,000 |
$619,388 |
$6,588 |
2.95% |
| <20% |
48 |
$34,660,000 |
$722,083 |
$6,945 |
3.02% |
| 40% |
36 |
$26,600,000 |
$738,889 |
$7,817 |
2.91% |
| 49% |
30 |
$13,580,000 |
$452,667 |
$5,290 |
3.05% |
| 48% |
29 |
$11,565,000 |
$398,793 |
$5,770 |
3.14% |
| 43% |
27 |
$14,715,000 |
$545,000 |
$6,383 |
3.00% |
| 47% |
25 |
$8,725,000 |
$349,000 |
$5,313 |
3.07% |
| 41% |
25 |
$14,435,000 |
$577,400 |
$6,717 |
3.03% |
| 42% |
23 |
$16,985,000 |
$738,478 |
$6,684 |
2.89% |
| 37% |
23 |
$21,805,000 |
$948,043 |
$7,812 |
2.82% |
| 44% |
23 |
$13,235,000 |
$575,435 |
$6,972 |
3.03% |
| 45% |
18 |
$7,790,000 |
$432,778 |
$6,883 |
3.09% |
| 39% |
17 |
$10,225,000 |
$601,471 |
$5,150 |
3.04% |
| 36% |
17 |
$10,965,000 |
$645,000 |
$6,059 |
2.97% |
| 38% |
16 |
$9,160,000 |
$572,500 |
$5,753 |
2.98% |
| 46% |
10 |
$6,320,000 |
$632,000 |
$7,516 |
2.96% |
| 50-60% |
7 |
$3,485,000 |
$497,857 |
$5,770 |
2.93% |
Popular Bank lent most frequently to those with DTI ratios
of 20-30%, with
102 originations.
The next most common DTI ratio? 30-36%,
with 98 originations.
Ethnicity Mix
| Applicant Ethnicity |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| Not applicable |
109 |
$380,855,000 |
$3,494,083 |
$0 |
3.46% |
| White |
440 |
$251,370,000 |
$571,295 |
$6,389 |
2.98% |
| Asian |
56 |
$41,400,000 |
$739,286 |
$6,758 |
2.90% |
| Not provided |
47 |
$37,625,000 |
$800,532 |
$8,178 |
3.04% |
| Black |
24 |
$11,220,000 |
$467,500 |
$6,288 |
3.11% |
| American Indian |
1 |
$2,325,000 |
$2,325,000 |
$16,290 |
2.63% |
| Asian Indian |
5 |
$1,855,000 |
$371,000 |
$4,065 |
3.40% |
| Filipino |
1 |
$415,000 |
$415,000 |
$5,070 |
3.63% |
| Native Hawaiian |
1 |
$335,000 |
$335,000 |
$0 |
3.38% |
Approval Rates
Total approvals of all applications
78.61%
Popular Bank has a below average approval rate.
Pick Rate
Approvals leading to origination
64.63%
Popular Bank has a low pick rate. They may have issues
with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points |
Originations |
Total Value |
Average Loan |
| NA |
684 |
$727,400,000 |
$1,063,450 |
Occupancy Type Mix
| Dwelling Type |
Originations |
Total Value |
Average Loan |
|
684 |
$727,400,000 |
$1,063,450 |
LTV Distribution
| Loan to Value |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| 20-40% |
62 |
$35,280,000 |
$569,032 |
$5,420 |
3.07% |
| 40-60% |
160 |
$172,980,000 |
$1,081,125 |
$5,956 |
3.01% |
| 60-80% |
365 |
$459,735,000 |
$1,259,548 |
$7,176 |
3.10% |
| 80-100% |
93 |
$53,305,000 |
$573,172 |
$6,092 |
3.01% |
| Under 20% |
4 |
$6,100,000 |
$1,525,000 |
$7,033 |
3.42% |
Complaints
| Bank Name |
Product |
Issue |
2021 CPFB Complaints |
% of Total Issues |
| POPULAR BANK |
Conventional home mortgage |
Closing on a mortgage |
1 |
33.3% |
| POPULAR BANK |
Conventional home mortgage |
Incorrect information on your report |
1 |
33.3% |
| POPULAR BANK |
Home equity loan or line of credit (HELOC) |
Applying for a mortgage or refinancing an existing mortgage |
1 |
33.3% |
Bank Details
Branches
| Bank Name |
Branch |
Branch Type |
Deposits (000's) |
| Popular Bank |
1046-48 Southern Boulevard New York City, NY 10459 |
Full Service B&M
|
$0 |
| Popular Bank |
134 Delancey Street New York City, NY 10002 |
Full Service B&M
|
$111,139 |
| Popular Bank |
15-25a Graham Avenue New York City, NY 11206 |
Full Service B&M
|
$81,903 |
| Popular Bank |
1590 Northeast Miami Gardens Drive North Miami Beach, FL 33179 |
Full Service B&M
|
$205,323 |
| Popular Bank |
1590 Northeast Miami Gardes Drive North Miami Beach, FL 33179 |
Full Service B&M
|
$137,321 |
| Popular Bank |
1619 Sheepshead Bay Road New York City, NY 11235 |
Full Service B&M
|
$176,310 |
| Popular Bank |
1620 Pitkin Avenue New York City, NY 11212 |
Full Service B&M
|
$70,228 |
| Popular Bank |
1620 West 49th Street Hialeah, FL 33012 |
Full Service B&M
|
$50,660 |
| Popular Bank |
164 East 116th Street New York City, NY 10029 |
Full Service B&M
|
$98,391 |
| Popular Bank |
180 Dyckman Street New York City, NY 10040 |
Full Service B&M
|
$36,949 |
| Popular Bank |
1979 Ralph Avenue Brooklyn, NY 11234 |
Full Service B&M
|
$88,859 |
| Popular Bank |
2121 Avenue U Brooklyn, NY 11229 |
Full Service B&M
|
$66,819 |
| Popular Bank |
231 West 125th Street New York City, NY 10027 |
Full Service B&M
|
$0 |
| Popular Bank |
2317 Ponce De Leon Blvd Coral Gables, FL 33134 |
Full Service B&M
|
$150,306 |
| Popular Bank |
285 Madison Avenue New York, NY 10017 |
Full Service B&M
|
$295,803 |
| Popular Bank |
2875 North East 191 Street, Suite 101 Aventura, FL 33180 |
Full Service B&M
|
$90,556 |
| Popular Bank |
30-26 Steinway Street Long Island City, NY 11103 |
Full Service B&M
|
$58,647 |
| Popular Bank |
301 71st Street Miami Beach, FL 33141 |
Full Service B&M
|
$81,347 |
| Popular Bank |
301 East Fordham Road New York City, NY 10460 |
Full Service B&M
|
$53,212 |
| Popular Bank |
345 Park Avenue South New York, NY 10010 |
Full Service B&M
|
$0 |
| Popular Bank |
374 East 149th Street Bronx, NY 10455 |
Full Service B&M
|
$121,038 |
| Popular Bank |
4043 Broadway New York, NY 10032 |
Full Service B&M
|
$79,656 |
| Popular Bank |
43 West 14th Street New York, NY 10011 |
Full Service B&M
|
$127,137 |
| Popular Bank |
500 Bloomfield Avenue Newark, NJ 7107 |
Full Service B&M
|
$94,167 |
| Popular Bank |
5216 Fifth Avenue New York City, NY 11220 |
Full Service B&M
|
$50,640 |
| Popular Bank |
53-10 Bergen Line Avenue West New York, NJ 7093 |
Full Service B&M
|
$108,461 |
| Popular Bank |
539 Eastern Parkway New York City, NY 11216 |
Full Service B&M
|
$226,240 |
| Popular Bank |
615 West 181st Street New York City, NY 10033 |
Full Service B&M
|
$78,250 |
| Popular Bank |
631 State Street Perth Amboy, NJ 8861 |
Full Service B&M
|
$40,112 |
| Popular Bank |
645 East Tremont Ave Bronx, NY 10457 |
Full Service B&M
|
$137,683 |
| Popular Bank |
71-24 Austin Street Forest Hills, NY 11375 |
Full Service B&M
|
$47,386 |
| Popular Bank |
730 Columbus Avenue New York, NY 10025 |
Full Service B&M
|
$128,561 |
| Popular Bank |
7900 Miami Lakes Drive West Miami Lakes, FL 33016 |
Full Service B&M
|
$1,430,548 |
| Popular Bank |
817 Elizabeth Avenue Elizabeth, NJ 7201 |
Full Service B&M
|
$115,532 |
| Popular Bank |
8180 Northwest 36th Street Miami, FL 33172 |
Full Service B&M
|
$139,169 |
| Popular Bank |
83-20/22 Baxter Avenue New York City, NY 11373 |
Full Service B&M
|
$83,802 |
| Popular Bank |
8401 West Oakland Park Boulevard Sunrise, FL 33351 |
Full Service B&M
|
$56,431 |
| Popular Bank |
85 Broad Street New York, NY 10004 |
Full Service B&M
|
$2,346,059 |
| Popular Bank |
8501 Kennedy Blvd North Bergen, NJ 7047 |
Full Service B&M
|
$0 |
| Popular Bank |
8875 Dadeland Blvd Miami, FL 33156 |
Full Service B&M
|
$141,391 |
| Popular Bank |
918 Seneca Avenue Ridgewood, NY 11385 |
Full Service B&M
|
$60,174 |
| Popular Bank |
11 West 51st Street New York, NY 10019 |
Full Service B&M
|
$175,720 |
| Popular Bank |
1221 Brickell Avenue Miami, FL 33131 |
Full Service B&M
|
$97,282 |
For 2021, Popular Bank had 43 branches.
Yearly Performance Overview
Bank Income
Popular Bank's gross interest income from loans was $364,958,000.
Popular Bank's net interest income from loans was $321,155,000.
Popular Bank's fee based income from loans was $11,245,000.
Popular Bank's net income from loans was $134,059,000.
Bank Expenses
| Item |
Value (in 000's) |
| Total interest expense |
$43,803 |
| Provision for credit losses |
$-56,896 |
| Total noninterest expense |
$212,140 |
| Salaries and employee benefits |
$86,816 |
| Premises and equipment expense |
$38,444 |
| Additional noninterest expense |
$86,880 |
| Applicable income taxes |
$56,538 |
| Net charge-offs |
$970 |
| Cash dividends |
$0 |
Popular Bank's interest expense for loans was $43,803,000.
Popular Bank's payroll and benefits expense were $86,816,000.
Popular Bank's property, plant and equipment expenses $38,444,000.
Deposits
| Type |
Value (in 000's) |
| Total deposits |
$7,794,610 |
| Deposits held in domestic offices |
$7,794,610 |
| Deposits by Individuals, partnerships, and corporations |
$7,368,870 |
| Deposits by U.S. Government |
$0 |
| Deposits by States and political subdivisions in the U.S. |
$419,447 |
| Deposits by Commercial banks and other depository institutions in U.S. |
$6,293 |
| Deposits by Banks in foreign countries |
$0 |
| Deposits by Foreign governments and official institutions |
$0 |
| Transaction accounts |
$3,163,720 |
| Demand deposits |
$1,832,688 |
| Nontransaction accounts |
$4,630,890 |
| Money market deposit accounts (MMDAs) |
$2,175,173 |
| Other savings deposits (excluding MMDAs) |
$1,289,617 |
| Total time deposits |
$1,166,100 |
| Total time and savings deposits |
$5,961,922 |
| Noninterest-bearing deposits |
$1,832,688 |
| Interest-bearing deposits |
$5,961,922 |
| Retail deposits |
$7,052,582 |
| IRAs and Keogh plan accounts |
$56,167 |
| Brokered deposits |
$535,448 |
| Deposits held in foreign offices |
$0 |
Assets
| Asset |
Value (in 000's) |
| Total Assets |
$10,389,650 |
| Cash & Balances due from depository institutions |
$298,831 |
| Interest-bearing balances |
$205,801 |
| Total securities |
$930,634 |
| Federal funds sold & reverse repurchase |
$0 |
| Net loans and leases |
$8,277,303 |
| Loan and leases loss allowance |
$101,204 |
| Trading account assets |
$0 |
| Bank premises and fixed assets |
$103,133 |
| Other real estate owned |
$1,459 |
| Goodwill and other intangibles |
$396,028 |
| All other assets |
$382,262 |
Liabilities
| Liabilities |
Value (in 000's) |
| Total liabilities and capital |
$10,389,650 |
| Total Liabilities |
$8,475,758 |
| Total deposits |
$7,794,610 |
| Interest-bearing deposits |
$5,961,922 |
| Deposits held in domestic offices |
$7,794,610 |
| % insured (estimated) |
$65 |
| Federal funds purchased and repurchase agreements |
$46,028 |
| Trading liabilities |
$0 |
| Other borrowed funds |
$494,889 |
| Subordinated debt |
$0 |
| All other liabilities |
$140,231 |
Issued Loan Types
| Type |
Value (in 000's) |
| Net loans and leases |
$8,277,303 |
| Loan and leases loss allowance |
$101,204 |
| Total loans and leases (domestic) |
$8,378,507 |
| All real estate loans |
$6,420,791 |
| Real estate loans in domestic offices |
$6,420,791 |
| Construction and development loans |
$650,312 |
| Residential 1-4 family construction |
$6,156 |
| Other construction, all land development and other land |
$644,156 |
| Loans secured by nonfarm nonresidential properties |
$2,671,836 |
| Nonfarm nonresidential secured by owner-occupied properties |
$404,321 |
| Commercial real estate & other non-farm, non-residential |
$2,267,515 |
| Multifamily residential real estate |
$1,807,861 |
| 1-4 family residential loans |
$1,290,782 |
| Farmland loans |
$0 |
| Loans held in foreign offices |
$0 |
| Farm loans |
$0 |
| Commercial and industrial loans |
$498,861 |
| To non-U.S. addressees |
$0 |
| Loans to individuals |
$155,398 |
| Credit card loans |
$10 |
| Related Plans |
$5,583 |
| Consumer Auto Loans |
$0 |
| Other loans to individuals |
$149,805 |
| All other loans & leases |
$1,303,457 |
| Loans to foreign governments and official institutions |
$0 |
| Other loans |
$1,198,010 |
| Loans to depository institutions and acceptances of other banks |
$0 |
| Loans not secured by real estate |
$0 |
| Loans secured by real estate to non-U.S. addressees |
$0 |
| Restructured Loans & leases |
$8,851 |
| Non 1-4 family restructured loans & leases |
$163 |
| Total loans and leases (foreign) |
$0 |
Popular Bank had $8,277,303,000 of loans outstanding in 2021. $6,420,791,000 of loans were in real estate loans.
$650,312,000 of loans were in development loans. $1,807,861,000 of loans were in multifamily mortgage loans.
$1,290,782,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $10,000
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 |
286 |
$106,548 |
$372,545 |
| Nonfarm, nonresidential loans - <$100k |
7 |
$314 |
$44,857 |
| Nonfarm, nonresidential loans - $100-250k |
51 |
$6,346 |
$124,431 |
| Nonfarm, nonresidential loans - $250k-1MM |
228 |
$99,888 |
$438,105 |
| Commercial & Industrial, US addressed loans - <$1MM |
791 |
$84,275 |
$106,542 |
| Commercial & Industrial, US addressed loans - <$100k |
518 |
$13,319 |
$25,712 |
| Commercial & Industrial, US addressed loans - $100-250k |
132 |
$18,745 |
$142,008 |
| Commercial & Industrial, US addressed loans - $250k-1MM |
141 |
$52,211 |
$370,291 |
