Peapack-gladstone Bank Mortgage Rates, Fees & Info

Bedminster, NJ

LEI: 549300FZJCP0WM3QJH15

Tax ID: 22-2491488

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Peapack-gladstone Bank is a smaller bank specializing in Refi and Home Purchase loans. Peapack-gladstone Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, Philadelphia, York, Miami, and Williamsport among others. We have data for 36 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Peapack-gladstone 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. Peapack-gladstone Bank is typically a low 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 5.29% 4/21/24
    30 Year Conventional Refi 5.64% 4/21/24
    30 Year Cash-out Refi 5.74% 4/21/24
    15 Year Conventional Purchase 5.56% 4/21/24
    15 Year Conventional Refi 5.79% 4/21/24
    15 Year Cash-out Refi 5.79% 4/21/24
    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.

    Peapack-gladstone Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Peapack-gladstone 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

    711

    Origination Dollar Volume (All Markets)

    $403,775,000

    Employee count

    481

    Awards

    Peapack-Gladstone Bank 30 Year Conventional Loans bronze Peapack-Gladstone Bank 30 Year Conventional Loans bronze Peapack-Gladstone Bank 30 Year Conventional Loans silver
    Show all (3) 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) 608 $293,030,000 $481,957 $4,019 2.95%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 24 $37,860,000 $1,577,500 $4,268 2.72%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $23,405,000 $23,405,000 $0 2.82%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 7 $9,205,000 $1,315,000 $6,124 3.16%
    WILLIAMSPORT, PA (FHA|USDA|VA) 1 $8,965,000 $8,965,000 $0 2.75%
    OCEAN CITY, NJ (FHA|USDA|VA) 6 $4,780,000 $796,667 $7,850 3.22%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 5 $3,535,000 $707,000 $4,565 2.75%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 3 $3,405,000 $1,135,000 $2,173 3.92%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 9 $2,795,000 $310,556 $3,051 2.79%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 8 $1,780,000 $222,500 $3,119 2.76%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $1,445,000 $1,445,000 $4,977 2.88%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $1,400,000 $700,000 $5,520 3.19%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $1,220,000 $610,000 $3,073 3.00%
    Vineyard Haven, MA (FHA|USDA|VA) 1 $1,155,000 $1,155,000 $6,066 3.88%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $935,000 $935,000 $4,220 3.25%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $880,000 $440,000 $4,312 2.75%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $755,000 $755,000 $4,502 2.88%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $705,000 $705,000 $3,414 2.50%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $700,000 $350,000 $4,994 2.56%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $600,000 $300,000 $3,539 2.69%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $575,000 $191,667 $3,028 2.48%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $550,000 $275,000 $3,847 2.63%
    SALISBURY, MD-DE (FHA|USDA|VA) 2 $540,000 $270,000 $3,927 2.93%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $525,000 $525,000 $5,619 3.25%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $415,000 $415,000 $5,392 3.13%
    COLUMBIA, SC (FHA|USDA|VA) 1 $405,000 $405,000 $4,312 2.88%
    RALEIGH-CARY, NC (FHA|USDA|VA) 2 $320,000 $160,000 $2,828 3.06%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $320,000 $160,000 $2,536 2.81%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $310,000 $155,000 $3,225 3.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $245,000 $245,000 $3,094 3.38%
    Outside of Metro Areas 1 $205,000 $205,000 $3,065 2.88%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $205,000 $205,000 $3,105 2.50%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $205,000 $205,000 $2,804 3.00%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $195,000 $195,000 $3,500 2.50%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $115,000 $115,000 $3,719 4.38%
    ROCHESTER, NY (FHA|USDA|VA) 2 $90,000 $45,000 $2,630 3.50%
    Peapack-gladstone Bank's top markets include New York, Philadelphia, York, Miami, and Williamsport among others.

    Their top states include:
  • New Jersey (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Peapack-Gladstone Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The First National Bank of Long Island
    Similarity Rank: 134
    North Jersey Federal Credit Union
    Similarity Rank: 247
    N C P D Federal Credit Union
    Similarity Rank: 482
    MOUNTAIN MORTGAGE CORP.
    Similarity Rank: 538
    ATLANTIS MORTGAGE CO., INC.
    Similarity Rank: 668
    TEG Federal Credit Union
    Similarity Rank: 715
    Hanover Community Bank
    Similarity Rank: 727
    Roselle Bank
    Similarity Rank: 796
    Poli Mortgage Group, Inc.
    Similarity Rank: 1012
    Schuyler Savings Bank
    Similarity Rank: 1083

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 711 $403,775,000 $567,897 $4,043 2.95%

    For 2020, Peapack-gladstone Bank's most frequently originated type of loan was Conventional, with 711 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 334 $223,860,000 $670,240 $3,509 2.79%
    Home Purchase 234 $121,350,000 $518,590 $4,843 3.06%
    Cash Out Refi 135 $56,725,000 $420,185 $4,119 3.07%
    Home Improvement 5 $1,705,000 $341,000 $0 4.08%
    Other 3 $135,000 $45,000 $0 4.25%

    For 2020, Peapack-gladstone Bank's most frequently cited loan purpose was Refi, with 334 originations. The 2nd most popular reason was Home Purchase, with 234 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 489 $201,235,000 $411,524 $4,246 3.03%
    15 Year 131 $41,475,000 $316,603 $3,472 2.46%
    20 Year 38 $12,460,000 $327,895 $3,468 2.90%
    10 Year 30 $104,100,000 $3,470,000 $1,443 3.53%
    Other 10 $30,380,000 $3,038,000 $3,619 2.89%
    30+ year 6 $4,100,000 $683,333 $12,254 3.46%
    5 Year 6 $3,020,000 $503,333 $0 4.00%
    1 Year 1 $7,005,000 $7,005,000 $0 4.00%

    For 2020, Peapack-gladstone Bank's most frequently cited loan duration was 30 Year, with 489 originations. The 2nd most popular length was 15 Year, with 131 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 626 $240,050,000 $383,466
    $1k-2k 24 $7,990,000 $332,917
    $2k-3k 22 $8,090,000 $367,727
    $3k-4k 7 $3,115,000 $445,000
    $5k+ 3 $3,675,000 $1,225,000
    $4k-5k 1 $195,000 $195,000

    Peapack-gladstone Bank's average total fees were $4,246, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 626 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 296 $162,230,000 $548,074
    3-4% 193 $123,815,000 $641,528
    <2.5% 178 $81,720,000 $459,101
    4-5% 44 $36,010,000 $818,409

    During 2020, Peapack-gladstone Bank's average interest rate for loans was 3.03%, while their most frequently originated rate bucket for loans was 2.5-3%, with 296 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 304 $90,530,000 $297,796 $3,877 2.91%
    $400k-600k 188 $88,160,000 $468,936 $4,381 2.82%
    $100k-200k 113 $17,495,000 $154,823 $3,095 2.91%
    $1MM+ 45 $179,915,000 $3,998,111 $9,582 3.39%
    $600k-1MM 36 $26,140,000 $726,111 $5,168 3.06%
    $100,000 or less 25 $1,535,000 $61,400 $1,769 3.55%

    2020 saw Peapack-gladstone Bank place emphasis on $200k-400k loans with 304 originations, totaling $90,530,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 149 $58,375,000 $391,779 $3,827 2.76%
    $100k-150k 148 $48,320,000 $326,486 $3,717 2.77%
    $250k+ 118 $76,880,000 $651,525 $4,728 2.89%
    $75k-100k 92 $26,960,000 $293,043 $3,827 2.90%
    $50k-75k 75 $15,545,000 $207,267 $3,461 3.02%
    $50k or less 27 $3,155,000 $116,852 $2,769 3.14%

    Peapack-gladstone Bank lent most frequently to those with incomes in the $150k-250k range, with 149 originations. The second most popular income band? $100k-150k, with 148 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 182 $63,980,000 $351,538 $3,874 2.84%
    30-36% 154 $57,540,000 $373,636 $3,968 2.90%
    <20% 81 $45,835,000 $565,864 $4,285 2.87%
    37% 34 $12,320,000 $362,353 $3,724 3.01%
    40% 28 $11,270,000 $402,500 $4,391 2.90%
    39% 27 $10,755,000 $398,333 $4,103 2.99%
    36% 22 $7,940,000 $360,909 $4,225 2.91%
    41% 22 $8,180,000 $371,818 $5,400 3.09%
    43% 20 $6,520,000 $326,000 $4,047 2.99%
    44% 19 $5,005,000 $263,421 $3,909 3.39%
    42% 18 $6,570,000 $365,000 $4,023 2.94%
    46% 16 $5,430,000 $339,375 $3,462 2.79%
    38% 16 $6,150,000 $384,375 $4,691 3.16%
    48% 13 $5,075,000 $390,385 $3,835 2.99%
    45% 12 $3,650,000 $304,167 $3,587 2.93%
    47% 9 $3,185,000 $353,889 $3,829 2.90%
    49% 8 $2,660,000 $332,500 $4,122 3.04%
    50-60% 2 $1,050,000 $525,000 $3,646 3.06%

    Peapack-gladstone Bank lent most frequently to those with DTI ratios of 20-30%, with 182 originations. The next most common DTI ratio? 30-36%, with 154 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 520 $194,050,000 $373,173 $3,883 2.85%
    Not applicable 79 $166,735,000 $2,110,570 $6,288 3.71%
    Not provided 56 $18,980,000 $338,929 $3,436 2.90%
    Asian 25 $15,865,000 $634,600 $4,584 2.68%
    Black 26 $6,430,000 $247,308 $3,640 3.02%
    American Indian 3 $1,355,000 $451,667 $4,127 2.48%
    Other Asian 1 $195,000 $195,000 $3,903 2.50%
    Asian Indian 1 $165,000 $165,000 $3,097 2.75%

    Approval Rates

    Total approvals of all applications
    95.62%

    Peapack-gladstone 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
    88.47%

    Peapack-gladstone Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 711 $403,775,000 $567,897

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 27 $140,455,000 $5,202,037
    Single Family (1-4 Units):Site-Built 684 $263,320,000 $384,971

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 52 $20,620,000 $396,538 $3,715 2.71%
    40-60% 162 $92,660,000 $571,975 $3,881 2.81%
    60-80% 342 $240,470,000 $703,129 $4,172 2.99%
    80-100% 137 $44,995,000 $328,431 $4,269 3.03%
    Over 100% 1 $145,000 $145,000 $2,963 3.00%
    Under 20% 17 $4,885,000 $287,353 $2,204 3.57%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Peapack-Gladstone Bank 11 Pottersville Road Pottersville, NJ 7979 Full Service B&M $37,574
    Peapack-Gladstone Bank 169 Lamington Road Oldwick, NJ 8858 Full Service B&M $216,311
    Peapack-Gladstone Bank 17 East Main Street Mendham, NJ 7945 Full Service B&M $236,914
    Peapack-Gladstone Bank 189 Center St Clinton, NJ 8809 Full Service B&M $132,232
    Peapack-Gladstone Bank 233 South Street Morristown, NJ 7960 Full Service B&M $422,561
    Peapack-Gladstone Bank 26 Dumont Road Far Hills, NJ 7931 Full Service B&M $85,006
    Peapack-Gladstone Bank 278 Green Village Road Green Village, NJ 7935 Full Service B&M $238,439
    Peapack-Gladstone Bank 311 Main Street Chatham, NJ 7928 Full Service B&M $121,284
    Peapack-Gladstone Bank 350 Main Street Chester, NJ 7930 Full Service B&M $108,480
    Peapack-Gladstone Bank 36 Morristown Road Bernardsville, NJ 7924 Full Service B&M $234,434
    Peapack-Gladstone Bank 417 Route 206 North Hillsborough, NJ 8844 Full Service B&M $144,286
    Peapack-Gladstone Bank 438 High Bridge-Califon Road Califon, NJ 7830 Full Service B&M $118,379
    Peapack-Gladstone Bank 468 Route 206 North Bedminster, NJ 7921 Full Service B&M $558,634
    Peapack-Gladstone Bank 48 Deforest Avenue Summit, NJ 7901 Full Service B&M $285,260
    Peapack-Gladstone Bank 500 Hills Drive Bedminster, NJ 7921 Limited, Drive-thru $2,210
    Peapack-Gladstone Bank 500 Hills Drive Suite 300 Bedminster, NJ 7921 Full Service B&M $1,391,612
    Peapack-Gladstone Bank 58 Mountain Boulevard Warren, NJ 7059 Full Service B&M $218,849
    Peapack-Gladstone Bank 59 East Mill Road Long Valley, NJ 7853 Full Service B&M $128,952
    Peapack-Gladstone Bank 619 East Main Street Bridgewater, NJ 8807 Full Service B&M $163,685
    Peapack-Gladstone Bank 8000 Fellowship Road Basking Ridge, NJ 7920 Full Service B&M $18,986

    For 2020, Peapack-gladstone Bank had 20 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $165,751
    Net interest income $132,592
    Total noninterest income $61,480
    Gross Fiduciary activities income $40,049
    Service charges on deposit accounts $1,443
    Trading account gains and fees $0
    Additional Noninterest Income $19,988
    Pre-tax net operating income $37,660
    Securities gains (or losses, -) $281
    Income before extraordinary items $30,883
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $30,883
    Minority interest net income $0
    Net income $30,883
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $30,655

    Peapack-gladstone Bank's gross interest income from loans was $165,751,000.
    Peapack-gladstone Bank's net interest income from loans was $132,592,000.
    Peapack-gladstone Bank's fee based income from loans was $1,443,000.
    Peapack-gladstone Bank's net income from loans was $30,883,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $33,159
    Provision for credit losses $32,400
    Total noninterest expense $124,012
    Salaries and employee benefits $77,516
    Premises and equipment expense $16,377
    Additional noninterest expense $30,119
    Applicable income taxes $7,058
    Net charge-offs $8,767
    Cash dividends $13,000

    Peapack-gladstone Bank's interest expense for loans was $33,159,000.
    Peapack-gladstone Bank's payroll and benefits expense were $77,516,000.
    Peapack-gladstone Bank's property, plant and equipment expenses $16,377,000.

    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 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    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 $4,936,677
    Deposits held in domestic offices $4,936,677
    Deposits by Individuals, partnerships, and corporations $4,701,143
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $235,534
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,362,783
    Demand deposits $243,725
    Nontransaction accounts $3,573,894
    Money market deposit accounts (MMDAs) $2,847,050
    Other savings deposits (excluding MMDAs) $130,731
    Total time deposits $596,114
    Total time and savings deposits $4,692,952
    Noninterest-bearing deposits $951,170
    Interest-bearing deposits $3,985,507
    Retail deposits $4,606,393
    IRAs and Keogh plan accounts $61,974
    Brokered deposits $143,965
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $5,892,261
    Cash & Balances due from depository institutions $653,220
    Interest-bearing balances $642,591
    Total securities $637,806
    Federal funds sold & reverse repurchase $102
    Net loans and leases $4,337,236
    Loan and leases loss allowance $67,309
    Trading account assets $0
    Bank premises and fixed assets $35,360
    Other real estate owned $50
    Goodwill and other intangibles $45,077
    All other assets $183,410

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $5,892,261
    Total Liabilities $5,299,070
    Total deposits $4,936,677
    Interest-bearing deposits $3,985,507
    Deposits held in domestic offices $4,936,677
    % insured (estimated) $83
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $198,839
    Subordinated debt $0
    All other liabilities $163,554

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $4,337,236
    Loan and leases loss allowance $67,309
    Total loans and leases (domestic) $4,404,545
    All real estate loans $2,990,674
    Real estate loans in domestic offices $2,990,674
    Construction and development loans $15,773
    Residential 1-4 family construction $3,069
    Other construction, all land development and other land $12,704
    Loans secured by nonfarm nonresidential properties $1,258,842
    Nonfarm nonresidential secured by owner-occupied properties $254,006
    Commercial real estate & other non-farm, non-residential $1,004,836
    Multifamily residential real estate $1,127,198
    1-4 family residential loans $585,793
    Farmland loans $3,068
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $1,047,330
    To non-U.S. addressees $0
    Loans to individuals $30,293
    Credit card loans $0
    Related Plans $29,530
    Consumer Auto Loans $2
    Other loans to individuals $761
    All other loans & leases $336,248
    Loans to foreign governments and official institutions $0
    Other loans $20,614
    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 $1,309
    Non 1-4 family restructured loans & leases $39
    Total loans and leases (foreign) $0

    Peapack-Gladstone Bank had $4,337,236,000 of loans outstanding in 2020. $2,990,674,000 of loans were in real estate loans. $15,773,000 of loans were in development loans. $1,127,198,000 of loans were in multifamily mortgage loans. $585,793,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $2,000 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 200 $56,539 $282,695
    Nonfarm, nonresidential loans - <$100k 12 $340 $28,333
    Nonfarm, nonresidential loans - $100-250k 50 $4,971 $99,420
    Nonfarm, nonresidential loans - $250k-1MM 138 $51,228 $371,217
    Commercial & Industrial, US addressed loans - <$1MM 324 $33,050 $102,006
    Commercial & Industrial, US addressed loans - <$100k 117 $602 $5,145
    Commercial & Industrial, US addressed loans - $100-250k 62 $4,932 $79,548
    Commercial & Industrial, US addressed loans - $250k-1MM 145 $27,516 $189,766
    Farmland loans - <$1MM 2 $490 $245,000
    Farmland loans - $250k-1MM 2 $490 $245,000