Kearny Bank Mortgage Rates, Fees & Info

Kearny, NJ

LEI: 549300N6U5XCH70TOK35

Tax ID: 22-1032860

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

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  • 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

    Kearny Bank is a smaller bank specializing in Refi and Home Purchase loans. Kearny Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, Philadelphia, Lancaster, Trenton, and Albany among others. We have data for 24 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Kearny 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. Kearny 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 5.63% 4/14/24
    30 Year Conventional Refi 6.04% 4/14/24
    30 Year Cash-out Refi 6.24% 4/14/24
    15 Year Conventional Purchase 5.44% 4/14/24
    15 Year Conventional Refi 5.72% 4/14/24
    15 Year Cash-out Refi 5.72% 4/14/24
    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.

    Kearny Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Kearny 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

    1,667

    Origination Dollar Volume (All Markets)

    $862,465,000

    Employee count

    564 Show all (5) 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) 1,544 $717,950,000 $464,994 $3,552 3.03%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 36 $45,650,000 $1,268,056 $4,097 2.91%
    LANCASTER, PA (FHA|USDA|VA) 1 $29,305,000 $29,305,000 $0 3.75%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 41 $19,255,000 $469,634 $4,025 3.04%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $16,965,000 $16,965,000 $0 3.38%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 4 $10,560,000 $2,640,000 $3,908 2.94%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 6 $10,440,000 $1,740,000 $3,699 3.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 12 $3,330,000 $277,500 $3,692 2.91%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $2,205,000 $2,205,000 $0 3.38%
    OCEAN CITY, NJ (FHA|USDA|VA) 5 $1,735,000 $347,000 $2,919 3.18%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 3 $1,555,000 $518,333 $3,875 3.04%
    Oneonta, NY (FHA|USDA|VA) 1 $495,000 $495,000 $2,879 2.88%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $445,000 $445,000 $4,540 2.88%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $305,000 $305,000 $2,803 2.75%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $295,000 $295,000 $3,889 3.50%
    Hudson, NY (FHA|USDA|VA) 1 $285,000 $285,000 $3,343 2.99%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $265,000 $265,000 $2,935 3.00%
    Forest City, NC (FHA|USDA|VA) 1 $255,000 $255,000 $2,965 3.75%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $245,000 $245,000 $3,446 3.38%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $235,000 $235,000 $2,618 3.25%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $215,000 $215,000 $2,501 3.00%
    Outside of Metro Areas 1 $195,000 $195,000 $7,255 2.25%
    WILMINGTON, NC (FHA|USDA|VA) 1 $155,000 $155,000 $2,859 2.38%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $125,000 $125,000 $2,908 4.00%
    Kearny Bank's top markets include New York, Philadelphia, Lancaster, Trenton, and Albany among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Kearny 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
    Princeton Federal Credit Union
    Similarity Rank: 450
    N C P D Federal Credit Union
    Similarity Rank: 482
    MOUNTAIN MORTGAGE CORP.
    Similarity Rank: 538
    First Citizens Community Bank
    Similarity Rank: 589
    BHCU
    Similarity Rank: 625
    Prudential Bank
    Similarity Rank: 640
    ATLANTIS MORTGAGE CO., INC.
    Similarity Rank: 668
    TEG Federal Credit Union
    Similarity Rank: 715

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,667 $862,465,000 $517,376 $3,574 3.03%

    For 2020, Kearny Bank's most frequently originated type of loan was Conventional, with 1,667 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 1,019 $552,175,000 $541,879 $3,164 2.88%
    Home Purchase 436 $245,840,000 $563,853 $4,910 3.14%
    Cash Out Refi 156 $58,330,000 $373,910 $3,641 3.30%
    Home Improvement 35 $3,255,000 $93,000 $766 4.00%
    Other 21 $2,865,000 $136,429 $963 3.93%

    For 2020, Kearny Bank's most frequently cited loan purpose was Refi, with 1,019 originations. The 2nd most popular reason was Home Purchase, with 436 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,072 $452,810,000 $422,397 $3,940 3.07%
    15 Year 355 $115,275,000 $324,718 $3,077 2.64%
    20 Year 103 $34,815,000 $338,010 $2,724 3.26%
    5 Year 60 $115,870,000 $1,931,167 $195 3.60%
    10 Year 41 $59,465,000 $1,450,366 $1,162 3.48%
    Other 29 $47,565,000 $1,640,172 $2,944 3.16%
    3 Year 7 $36,665,000 $5,237,857 $0 3.30%

    For 2020, Kearny Bank's most frequently cited loan duration was 30 Year, with 1,072 originations. The 2nd most popular length was 15 Year, with 355 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,355 $535,755,000 $395,391
    $1k-2k 125 $48,445,000 $387,560
    $2k-3k 18 $6,140,000 $341,111
    $3k-4k 7 $2,405,000 $343,571
    $4k-5k 1 $195,000 $195,000
    $5k+ 1 $1,045,000 $1,045,000

    Kearny Bank's average total fees were $3,940, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,355 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 743 $297,425,000 $400,303
    3-4% 619 $470,905,000 $760,751
    <2.5% 248 $81,660,000 $329,274
    4-5% 55 $11,975,000 $217,727
    5-6% 2 $500,000 $250,000

    During 2020, Kearny Bank's average interest rate for loans was 3.07%, while their most frequently originated rate bucket for loans was 2.5-3%, with 743 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 742 $225,060,000 $303,315 $3,274 2.90%
    $400k-600k 434 $209,380,000 $482,442 $4,070 2.97%
    $100k-200k 172 $27,280,000 $158,605 $2,771 3.05%
    $600k-1MM 163 $122,105,000 $749,110 $4,973 3.17%
    $1MM+ 92 $275,270,000 $2,992,065 $6,315 3.37%
    $100,000 or less 64 $3,370,000 $52,656 $556 3.93%

    2020 saw Kearny Bank place emphasis on $200k-400k loans with 742 originations, totaling $225,060,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 527 $213,065,000 $404,298 $3,601 2.98%
    $100k-150k 427 $143,455,000 $335,960 $3,441 2.98%
    $250k+ 300 $177,800,000 $592,667 $4,335 2.98%
    $75k-100k 182 $48,670,000 $267,418 $3,100 3.04%
    $50k-75k 102 $20,470,000 $200,686 $3,034 3.12%
    $50k or less 24 $3,580,000 $149,167 $2,567 3.29%

    Kearny Bank lent most frequently to those with incomes in the $150k-250k range, with 527 originations. The second most popular income band? $100k-150k, with 427 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 442 $176,320,000 $398,914 $3,500 2.92%
    30-36% 321 $133,635,000 $416,308 $3,676 2.98%
    <20% 123 $48,225,000 $392,073 $3,532 2.82%
    39% 69 $28,975,000 $419,928 $3,595 3.04%
    42% 67 $26,445,000 $394,701 $3,320 3.24%
    37% 65 $26,015,000 $400,231 $3,620 3.08%
    36% 65 $26,945,000 $414,538 $3,809 3.02%
    38% 62 $24,760,000 $399,355 $3,696 3.15%
    41% 61 $22,285,000 $365,328 $3,664 3.22%
    40% 60 $23,410,000 $390,167 $3,812 3.12%
    43% 45 $12,825,000 $285,000 $3,441 3.07%
    45% 43 $14,385,000 $334,535 $3,692 3.03%
    44% 41 $11,985,000 $292,317 $3,546 3.01%
    47% 40 $12,360,000 $309,000 $3,388 3.03%
    46% 27 $8,515,000 $315,370 $3,327 3.02%
    49% 22 $6,500,000 $295,455 $3,342 2.88%
    48% 20 $6,420,000 $321,000 $3,660 3.00%
    50-60% 2 $710,000 $355,000 $3,863 3.56%
    >60% 1 $1,085,000 $1,085,000 $6,705 3.38%

    Kearny Bank lent most frequently to those with DTI ratios of 20-30%, with 442 originations. The next most common DTI ratio? 30-36%, with 321 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,232 $467,760,000 $379,675 $3,539 2.98%
    Not applicable 76 $245,440,000 $3,229,474 $0 3.63%
    Asian 279 $119,255,000 $427,437 $3,851 2.96%
    Black 27 $14,835,000 $549,444 $4,873 3.13%
    Not provided 45 $11,875,000 $263,889 $1,879 3.66%
    Native Hawaiian or Islander 3 $1,585,000 $528,333 $4,767 2.79%
    Asian Indian 2 $1,100,000 $550,000 $4,533 2.81%
    American Indian 1 $385,000 $385,000 $4,499 2.88%
    Other Asian 1 $125,000 $125,000 $0 3.25%
    Other Pacific Islander 1 $105,000 $105,000 $0 3.88%

    Approval Rates

    Total approvals of all applications
    96.78%

    Kearny 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
    76.72%

    Kearny Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,667 $862,465,000 $517,376

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 69 $238,365,000 $3,454,565
    Single Family (1-4 Units):Site-Built 1,598 $624,100,000 $390,551

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 138 $33,770,000 $244,710 $2,831 2.90%
    40-60% 382 $140,100,000 $366,754 $3,254 2.83%
    60-80% 826 $562,230,000 $680,666 $3,737 3.05%
    80-100% 260 $121,650,000 $467,885 $4,625 3.12%
    Under 20% 60 $4,490,000 $74,833 $662 3.90%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Kearny Bank 1055 Clifton Avenue Clifton, NJ 7013 Full Service B&M $225,305
    Kearny Bank 1158 Hamburg Turnpike Wayne, NJ 7470 Full Service B&M $101,966
    Kearny Bank 119 Paris Avenue Northvale, NJ 7647 Full Service B&M $57,622
    Kearny Bank 130 Mountain Avenue Springfield, NJ 7081 Full Service B&M $80,296
    Kearny Bank 1400 Hylan Boulevard Staten Island, NY 10305 Full Service B&M $25,712
    Kearny Bank 1433 Van Houten Avenue, 3rd Floor Clifton, NJ 7013 Full Service B&M $150,652
    Kearny Bank 1470 Garden St Hoboken, NJ 7030 Full Service B&M $48,362
    Kearny Bank 155 Main Street Manasquan, NJ 8736 Full Service B&M $55,218
    Kearny Bank 1903 Highway 35 Oakhurst, NJ 7755 Full Service B&M $91,496
    Kearny Bank 2 Brick Boulevard Brick, NJ 8723 Full Service B&M $115,922
    Kearny Bank 20 Willow Street East Rutherford, NJ 7073 Full Service B&M $94,744
    Kearny Bank 207 Old Tappan Road Old Tappan, NJ 7675 Full Service B&M $102,302
    Kearny Bank 2200 Route 35 Sea Girt, NJ 8750 Full Service B&M $117,931
    Kearny Bank 2201 Bridge Avenue Point Pleasant, NJ 8742 Full Service B&M $48,314
    Kearny Bank 250 Valley Blvd Wood-Ridge, NJ 7075 Full Service B&M $321,933
    Kearny Bank 252 Park Ave Rutherford, NJ 7070 Full Service B&M $95,268
    Kearny Bank 267 Changebridge Road Pine Brook, NJ 7058 Full Service B&M $144,257
    Kearny Bank 270 Ryders Lane Milltown, NJ 8850 Full Service B&M $118,098
    Kearny Bank 300 West Sylvania Avenue Neptune, NJ 7753 Full Service B&M $50,460
    Kearny Bank 307 Stuyvesant Avenue Lyndhurst, NJ 7071 Full Service B&M $193,990
    Kearny Bank 319 Lakeview Avenue Clifton, NJ 7011 Full Service B&M $61,642
    Kearny Bank 33-11 Broadway Fair Lawn, NJ 7410 Full Service B&M $68,082
    Kearny Bank 369 Lanza Avenue Garfield, NJ 7026 Full Service B&M $109,995
    Kearny Bank 417 Bloomfield Avenue Caldwell, NJ 7006 Full Service B&M $117,161
    Kearny Bank 425 Route 9 Bayville, NJ 8721 Full Service B&M $54,072
    Kearny Bank 478 Fifth Avenue Brooklyn, NY 11215 Full Service B&M $63,399
    Kearny Bank 487 Pleasant Valley Way West Orange, NJ 7052 Full Service B&M $76,832
    Kearny Bank 501 Main Street Bradley Beach, NJ 7720 Full Service B&M $67,619
    Kearny Bank 510 State Highway 34 Matawan, NJ 7747 Full Service B&M $93,406
    Kearny Bank 520 Main Street Spotswood, NJ 8884 Full Service B&M $62,841
    Kearny Bank 534 Harrison Avenue Harrison, NJ 7029 Full Service B&M $34,075
    Kearny Bank 55 Union Boulevard Wallington, NJ 7057 Full Service B&M $49,897
    Kearny Bank 601 Frank E.Rogers Blvd. N. Harrison, NJ 7029 Full Service B&M $0
    Kearny Bank 61 Main Avenue Ocean Grove, NJ 7756 Full Service B&M $57,471
    Kearny Bank 611 Main Street Belmar, NJ 7719 Full Service B&M $53,894
    Kearny Bank 614 Kearny Avenue Kearny, NJ 7032 Full Service B&M $332,226
    Kearny Bank 627 Second Avenue Long Branch, NJ 7740 Full Service B&M $114,845
    Kearny Bank 630 North Main Street Lanoka Harbor, NJ 8734 Full Service B&M $100,111
    Kearny Bank 640 Bloomfield Avenue Montclair, NJ 7042 Full Service B&M $6,892
    Kearny Bank 661 Wyckoff Avenue Wyckoff, NJ 7481 Full Service B&M $105,496
    Kearny Bank 700 Allaire Road Spring Lake, NJ 7762 Full Service B&M $97,207
    Kearny Bank 700 Branch Avenue Little Silver, NJ 7739 Full Service B&M $61,578
    Kearny Bank 80 Ridge Road North Arlington, NJ 7031 Full Service B&M $138,601
    Kearny Bank 827 Fischer Blvd Toms River, NJ 8753 Full Service B&M $98,189
    Kearny Bank 875 Manhattan Avenue Brooklyn, NY 11222 Full Service B&M $25,778
    Kearny Bank 8901 Kennedy Boulevard North Bergen, NJ 7047 Full Service B&M $60,936
    Kearny Bank 917 Route 23 Pompton Plains, NJ 7444 Full Service B&M $130,750

    For 2020, Kearny Bank had 47 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $238,908
    Net interest income $169,171
    Total noninterest income $19,700
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,440
    Trading account gains and fees $0
    Additional Noninterest Income $18,260
    Pre-tax net operating income $62,188
    Securities gains (or losses, -) $2,689
    Income before extraordinary items $51,408
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $51,408
    Minority interest net income $0
    Net income $51,408
    Sale, conversion, retirement of capital stock, net $7,729
    Net operating income $49,283

    Kearny Bank's gross interest income from loans was $238,908,000.
    Kearny Bank's net interest income from loans was $169,171,000.
    Kearny Bank's fee based income from loans was $1,440,000.
    Kearny Bank's net income from loans was $51,408,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $69,737
    Provision for credit losses $9,138
    Total noninterest expense $117,545
    Salaries and employee benefits $65,144
    Premises and equipment expense $17,357
    Additional noninterest expense $35,044
    Applicable income taxes $13,469
    Net charge-offs $230
    Cash dividends $73,848

    Kearny Bank's interest expense for loans was $69,737,000.
    Kearny Bank's payroll and benefits expense were $65,144,000.
    Kearny Bank's property, plant and equipment expenses $17,357,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 2.0%
    Nonfarm, nonresidential loans 3.0%
    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 $5,360,312
    Deposits held in domestic offices $5,360,312
    Deposits by Individuals, partnerships, and corporations $5,019,312
    Deposits by U.S. Government $5
    Deposits by States and political subdivisions in the U.S. $290,167
    Deposits by Commercial banks and other depository institutions in U.S. $50,828
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $523,339
    Demand deposits $268,849
    Nontransaction accounts $4,836,973
    Money market deposit accounts (MMDAs) $681,525
    Other savings deposits (excluding MMDAs) $2,189,484
    Total time deposits $1,965,964
    Total time and savings deposits $5,091,463
    Noninterest-bearing deposits $543,618
    Interest-bearing deposits $4,816,694
    Retail deposits $4,875,417
    IRAs and Keogh plan accounts $339,540
    Brokered deposits $264,379
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $7,316,961
    Cash & Balances due from depository institutions $127,639
    Interest-bearing balances $93,432
    Total securities $1,710,442
    Federal funds sold & reverse repurchase $0
    Net loans and leases $4,777,849
    Loan and leases loss allowance $63,386
    Trading account assets $0
    Bank premises and fixed assets $79,826
    Other real estate owned $178
    Goodwill and other intangibles $215,259
    All other assets $405,768

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $7,316,961
    Total Liabilities $6,304,141
    Total deposits $5,360,312
    Interest-bearing deposits $4,816,694
    Deposits held in domestic offices $5,360,312
    % insured (estimated) $78
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $896,472
    Subordinated debt $0
    All other liabilities $47,357

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $4,777,849
    Loan and leases loss allowance $63,386
    Total loans and leases (domestic) $4,841,235
    All real estate loans $4,637,022
    Real estate loans in domestic offices $4,637,022
    Construction and development loans $88,787
    Residential 1-4 family construction $6,260
    Other construction, all land development and other land $82,527
    Loans secured by nonfarm nonresidential properties $1,111,222
    Nonfarm nonresidential secured by owner-occupied properties $108,195
    Commercial real estate & other non-farm, non-residential $1,003,027
    Multifamily residential real estate $2,071,112
    1-4 family residential loans $1,365,901
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $200,095
    To non-U.S. addressees $0
    Loans to individuals $4,118
    Credit card loans $0
    Related Plans $190
    Consumer Auto Loans $0
    Other loans to individuals $3,928
    All other loans & leases $0
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $8,119
    Non 1-4 family restructured loans & leases $5,191
    Total loans and leases (foreign) $0

    Kearny Bank had $4,777,849,000 of loans outstanding in 2020. $4,637,022,000 of loans were in real estate loans. $88,787,000 of loans were in development loans. $2,071,112,000 of loans were in multifamily mortgage loans. $1,365,901,000 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 375 $117,284 $312,757
    Nonfarm, nonresidential loans - <$100k 11 $333 $30,273
    Nonfarm, nonresidential loans - $100-250k 83 $9,030 $108,795
    Nonfarm, nonresidential loans - $250k-1MM 281 $107,921 $384,060
    Commercial & Industrial, US addressed loans - <$1MM 748 $93,498 $124,997
    Commercial & Industrial, US addressed loans - <$100k 351 $9,672 $27,556
    Commercial & Industrial, US addressed loans - $100-250k 180 $14,352 $79,733
    Commercial & Industrial, US addressed loans - $250k-1MM 217 $69,474 $320,157