Sterling National Bank Mortgage Rates, Fees & Info

Pearl River, NY

LEI: 549300TN38DPH732VI61

Tax ID: 13-1726107

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

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Sterling National Bank is a smaller bank specializing in Refi loans. Sterling National Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, Bridgeport, Philadelphia, Poughkeepsie, and Kingston among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Sterling National Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Sterling National 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.


    Originations

    136

    Origination Dollar Volume (All Markets)

    $436,290,000

    Employee count

    1,639

    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) 129 $431,165,000 $3,342,364 $3,667 4.14%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $1,765,000 $1,765,000 $7,332 4.45%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $1,760,000 $880,000 $0 4.01%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 3 $1,075,000 $358,333 $3,690 3.75%
    KINGSTON, NY (FHA|USDA|VA) 1 $525,000 $525,000 $0 4.50%
    Sterling National Bank's top markets include New York, Bridgeport, Philadelphia, Poughkeepsie, and Kingston among others.

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

    • Similar Lenders

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

    N C P D Federal Credit Union
    Similarity Rank: 56
    Schuyler Savings Bank
    Similarity Rank: 104
    Union County Savings Bank
    Similarity Rank: 150
    GARDEN SAVINGS FEDERAL CREDIT UNION
    Similarity Rank: 192
    Blue Foundry Bank
    Similarity Rank: 212
    Bogota Savings Bank
    Similarity Rank: 246
    MOUNTAIN MORTGAGE CORP.
    Similarity Rank: 266
    FUNDING RESOURCES MORTGAGE CORPORATION
    Similarity Rank: 292
    CREDIT UNION OF NEW JERSEY
    Similarity Rank: 360
    Atlantic Stewardship Bank
    Similarity Rank: 372

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 136 $436,290,000 $3,208,015 $3,730 4.13%

    For 2019, Sterling National Bank's most frequently originated type of loan was Conventional, with 136 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 67 $79,985,000 $1,193,806 $3,173 4.06%
    Refi 63 $352,935,000 $5,602,143 $6,074 4.18%
    Home Improvement 4 $2,100,000 $525,000 $5,180 4.15%
    Cash Out Refi 2 $1,270,000 $635,000 $6,454 4.96%

    For 2019, Sterling National Bank's most frequently cited loan purpose was Home Purchase, with 67 originations. The 2nd most popular reason was Refi, with 63 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 60 $21,460,000 $357,667 $3,730 3.95%
    5 Year 30 $156,000,000 $5,200,000 $0 4.26%
    Other 29 $138,385,000 $4,771,897 $0 4.13%
    10 Year 16 $61,790,000 $3,861,875 $0 4.62%
    3 Year 1 $58,655,000 $58,655,000 $0 3.60%

    For 2019, Sterling National Bank's most frequently cited loan duration was 30 Year, with 60 originations. The 2nd most popular length was 5 Year, with 30 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 28 $10,430,000 $372,500
    $<1k 27 $8,405,000 $311,296
    $2k-3k 2 $1,190,000 $595,000
    $3k-4k 2 $1,420,000 $710,000

    Sterling National Bank's average total fees were $3,730, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 28 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 65 $201,925,000 $3,106,538
    4-5% 59 $224,195,000 $3,799,915
    5-6% 8 $8,930,000 $1,116,250
    2.5-3% 3 $545,000 $181,667

    During 2019, Sterling National Bank's average interest rate for loans was 3.95%, while their most frequently originated rate bucket for loans was 3-4%, with 65 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 67 $411,105,000 $6,135,896 $5,419 4.19%
    $200k-400k 23 $7,215,000 $313,696 $4,444 4.08%
    $100,000 or less 16 $420,000 $26,250 $409 3.71%
    $600k-1MM 15 $12,215,000 $814,333 $6,647 4.54%
    $400k-600k 9 $4,485,000 $498,333 $4,463 4.31%
    $100k-200k 6 $850,000 $141,667 $4,637 3.60%

    2019 saw Sterling National Bank place emphasis on $1MM+ loans with 67 originations, totaling $411,105,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 17 $2,535,000 $149,118 $2,939 3.68%
    $250k+ 14 $11,030,000 $787,857 $5,516 4.34%
    $50k or less 11 $455,000 $41,364 $1,044 3.64%
    $75k-100k 11 $3,345,000 $304,091 $4,749 3.90%
    $150k-250k 5 $2,885,000 $577,000 $4,322 4.50%
    $100k-150k 2 $1,210,000 $605,000 $5,252 4.18%

    Sterling National Bank lent most frequently to those with incomes in the $50k-75k range, with 17 originations. The second most popular income band? $250k+, with 14 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    42% 11 $5,385,000 $489,545 $4,659 3.92%
    30-36% 10 $3,280,000 $328,000 $3,738 3.94%
    20-30% 10 $2,720,000 $272,000 $2,858 3.92%
    39% 7 $2,105,000 $300,714 $3,518 4.00%
    41% 5 $1,255,000 $251,000 $3,214 3.63%
    38% 5 $1,305,000 $261,000 $3,928 3.78%
    40% 3 $705,000 $235,000 $3,821 3.59%
    37% 3 $1,735,000 $578,333 $1,714 3.92%
    <20% 2 $950,000 $475,000 $4,653 4.38%
    47% 2 $1,040,000 $520,000 $4,280 5.24%
    49% 1 $735,000 $735,000 $5,805 4.60%
    36% 1 $245,000 $245,000 $5,460 4.15%

    Sterling National Bank lent most frequently to those with DTI ratios of 42%, with 11 originations. The next most common DTI ratio? 30-36%, with 10 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 76 $414,830,000 $5,458,289 $0 4.28%
    White 32 $15,450,000 $482,813 $4,583 4.05%
    Asian 7 $2,865,000 $409,286 $4,250 3.93%
    Not provided 6 $1,770,000 $295,000 $4,640 4.01%
    Black 15 $1,375,000 $91,667 $1,131 3.73%

    Approval Rates

    Total approvals of all applications
    95.51%

    Sterling National 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
    90.44%

    Sterling National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 136 $436,290,000 $3,208,015

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 62 $379,500,000 $6,120,968
    Single Family (1-4 Units):Site-Built 74 $56,790,000 $767,432

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 16 $43,730,000 $2,733,125 $4,730 3.97%
    40-60% 19 $60,985,000 $3,209,737 $4,615 4.31%
    60-80% 52 $261,470,000 $5,028,269 $4,856 4.24%
    80-100% 35 $8,895,000 $254,143 $2,903 3.86%
    Over 100% 7 $49,565,000 $7,080,714 $0 4.49%
    Under 20% 6 $10,950,000 $1,825,000 $0 4.29%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    STERLING BANCORP Conventional home mortgage Closing on a mortgage 2 12.5%
    STERLING BANCORP Conventional home mortgage Struggling to pay mortgage 2 12.5%
    STERLING BANCORP Conventional home mortgage Trouble during payment process 8 50.0%
    STERLING BANCORP Home equity loan or line of credit (HELOC) Trouble during payment process 3 18.8%
    STERLING BANCORP Other type of mortgage Trouble during payment process 1 6.3%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Sterling National Bank 1 Industrial Drive, Suite 100 Middletown, NY 10941 Full Service B&M $308,218
    Sterling National Bank 1 Lake Road West, Suite 1 Congers, NY 10920 Full Service B&M $93,901
    Sterling National Bank 1001 Park Blvd. Massapequa Park, NY 11762 Full Service B&M $103,843
    Sterling National Bank 101 Church Avenue Brooklyn, NY 11218 Full Service B&M $146,517
    Sterling National Bank 1015 Route 112 Port Jefferson Station, NY 11776 Full Service B&M $146,001
    Sterling National Bank 1047 North Country Road Stony Brook, NY 11790 Full Service B&M $98,822
    Sterling National Bank 110 Main Street Port Washington, NY 11050 Full Service B&M $25,297
    Sterling National Bank 110 Seventh Avenue Brooklyn, NY 11215 Full Service B&M $110,461
    Sterling National Bank 1133 Westchester Avenue, Suite N224 White Plains, NY 10604 Full Service B&M $58
    Sterling National Bank 1149 Wantagh Avenue Wantagh, NY 11793 Full Service B&M $110,283
    Sterling National Bank 1150 Franklin Ave Garden City, NY 11530 Full Service B&M $179,426
    Sterling National Bank 120 South Franklin Avenue Valley Stream, NY 11580 Full Service B&M $117,036
    Sterling National Bank 1336 Montauk Highway Oakdale, NY 11769 Full Service B&M $66,245
    Sterling National Bank 1401 Avenue M Brooklyn, NY 11230 Full Service B&M $105,537
    Sterling National Bank 1412 Broadway, 7th Floor New York, NY 10018 Full Service B&M $3,084,242
    Sterling National Bank 1425 Route 300 Newburgh, NY 12550 Full Service B&M $28,482
    Sterling National Bank 153 South Liberty Dr Route 9w Stony Point, NY 10980 Full Service B&M $148,431
    Sterling National Bank 153-17 Cross Island Parkway Whitestone, NY 11357 Full Service B&M $351,838
    Sterling National Bank 155 Jericho Turnpike Floral Park, NY 11001 Full Service B&M $221,379
    Sterling National Bank 1550 Flatbush Avenue Brooklyn, NY 11210 Full Service B&M $133,853
    Sterling National Bank 16 Court Street, Suite 1907 Brooklyn, NY 11241 Full Service B&M $109,017
    Sterling National Bank 162 Hillside Avenue Williston Park, NY 11596 Full Service B&M $143,216
    Sterling National Bank 1622 Hempstead Turnpike East Meadow, NY 11554 Full Service B&M $88,658
    Sterling National Bank 164 Manetto Hill Rd Plainview, NY 11803 Full Service B&M $100,807
    Sterling National Bank 179 South Main Street New City, NY 10956 Full Service B&M $130,960
    Sterling National Bank 179-25 Hillside Avenue Jamaica, NY 11432 Full Service B&M $125,726
    Sterling National Bank 18 Oakland Avenue Warwick, NY 10990 Full Service B&M $153,056
    Sterling National Bank 180 East Main Street East Islip, NY 11730 Full Service B&M $127,858
    Sterling National Bank 180 West Main Street Babylon, NY 11702 Full Service B&M $182,267
    Sterling National Bank 1880 Middle Country Rd Ridge, NY 11961 Full Service B&M $121,943
    Sterling National Bank 196 Route 59 Airmont, NY 10901 Full Service B&M $130,214
    Sterling National Bank 2090 East Merrick Road Merrick, NY 11566 Full Service B&M $117,854
    Sterling National Bank 21 Scarsdale Road Yonkers, NY 10707 Full Service B&M $2,530,309
    Sterling National Bank 2133 Knapp Street Brooklyn, NY 11229 Full Service B&M $78,847
    Sterling National Bank 2775 Route 112 Medford, NY 11763 Full Service B&M $54,600
    Sterling National Bank 29-34 30th Ave Long Island City, NY 11102 Full Service B&M $87,801
    Sterling National Bank 290 Broadhollow Road, Suite 402e Melville, NY 11747 Full Service B&M $412,945
    Sterling National Bank 30-33 Stratton Street Flushing, NY 11354 Full Service B&M $54,710
    Sterling National Bank 300 East Main Street Bay Shore, NY 11706 Full Service B&M $86,454
    Sterling National Bank 301 North Broadway Jericho, NY 11753 Full Service B&M $77,968
    Sterling National Bank 31-24 Ditmars Blvd Long Island City, NY 11105 Full Service B&M $260,055
    Sterling National Bank 3105 Hempstead Tpke Levittown, NY 11756 Full Service B&M $114,394
    Sterling National Bank 320 Walt Whitman Rd Huntington Station, NY 11746 Full Service B&M $156,474
    Sterling National Bank 325 Route 25a Rocky Point, NY 11778 Full Service B&M $86,159
    Sterling National Bank 33 Main St Kings Park, NY 11754 Full Service B&M $131,306
    Sterling National Bank 339 Merrick Road Rockville Centre, NY 11570 Full Service B&M $101,535
    Sterling National Bank 35 East Grassy Sprain Road Yonkers, NY 10710 Full Service B&M $95,890
    Sterling National Bank 3535 Long Beach Road, Sands Shopping Center Oceanside, NY 11572 Full Service B&M $118,500
    Sterling National Bank 360 Merrick Rd Lynbrook, NY 11563 Full Service B&M $177,094
    Sterling National Bank 361 Sunrise Hwy Patchogue, NY 11772 Full Service B&M $132,321
    Sterling National Bank 363 Hempstead Avenue Malverne, NY 11565 Full Service B&M $94,814
    Sterling National Bank 369 East 149th Street Bronx, NY 10455 Full Service B&M $28,262
    Sterling National Bank 37-16 30th Avenue Long Island City, NY 11103 Full Service B&M $244,574
    Sterling National Bank 375 Route 303 Orangeburg, NY 10962 Full Service B&M $98,450
    Sterling National Bank 38-40 New Main Street Haverstraw, NY 10927 Full Service B&M $27,714
    Sterling National Bank 3887 Merrick Road Seaford, NY 11783 Full Service B&M $91,078
    Sterling National Bank 4 Great Neck Road Great Neck, NY 11021 Full Service B&M $135,592
    Sterling National Bank 40 Church Street White Plains, NY 10601 Full Service B&M $56,781
    Sterling National Bank 400 Rella Boulevard Montebello, NY 10901 Full Service B&M $3,902,866
    Sterling National Bank 4302 18th Avenue Brooklyn, NY 11218 Full Service B&M $110,162
    Sterling National Bank 44 Cedar Swamp Road Glen Cove, NY 11542 Full Service B&M $184,282
    Sterling National Bank 44 West Route 59 Nanuet, NY 10954 Full Service B&M $91,448
    Sterling National Bank 459 5th Avenue Brooklyn, NY 11215 Full Service B&M $118,983
    Sterling National Bank 46-08 Francis Lewis Blvd Flushing, NY 11361 Full Service B&M $221,511
    Sterling National Bank 489 Fifth Avenue New York, NY 10017 Full Service B&M $0
    Sterling National Bank 489 Neptune Avenue Brooklyn, NY 11224 Full Service B&M $194,967
    Sterling National Bank 50 Jackson Avenue Syosset, NY 11791 Full Service B&M $124,209
    Sterling National Bank 500 7th Ave New York, NY 10018 Full Service B&M $246,166
    Sterling National Bank 5193 Main Street South Fallsburg, NY 12779 Full Service B&M $38,070
    Sterling National Bank 5220 13th Avenue Brooklyn, NY 11219 Full Service B&M $93,429
    Sterling National Bank 526 Union Blvd West Islip, NY 11795 Full Service B&M $103,459
    Sterling National Bank 560 Warburton Av Hastings-On-Hudson, NY 10706 Full Service B&M $86,097
    Sterling National Bank 591 Route 17m Monroe, NY 10950 Full Service B&M $165,688
    Sterling National Bank 599 Middle Country Rd Middle Island, NY 11953 Full Service B&M $96,045
    Sterling National Bank 60 Matthews Street Goshen, NY 10924 Full Service B&M $64,184
    Sterling National Bank 60-20 Woodside Ave Woodside, NY 11377 Full Service B&M $137,008
    Sterling National Bank 61 S Paramus Road, Suite 116 Paramus, NJ 7652 Full Service B&M $361,161
    Sterling National Bank 61 South Broadway Yonkers, NY 10701 Full Service B&M $34,614
    Sterling National Bank 63-72 108th Street Forest Hills, NY 11375 Full Service B&M $185,646
    Sterling National Bank 6348 Route 25a Wading River, NY 11792 Full Service B&M $89,454
    Sterling National Bank 65 Nugent Street Southampton, NY 11968 Full Service B&M $61,022
    Sterling National Bank 696 Horseblock Road Farmingville, NY 11738 Full Service B&M $77,096
    Sterling National Bank 7 Edward J. Lempka Drive Florida, NY 10921 Full Service B&M $97,437
    Sterling National Bank 70 Canal Street Ellenville, NY 12428 Full Service B&M $47,338
    Sterling National Bank 711 Franklin Avenue Franklin Square, NY 11010 Full Service B&M $112,685
    Sterling National Bank 72-35 Broadway Jackson Heights, NY 11372 Full Service B&M $107,821
    Sterling National Bank 729 Saw Mill River Road Ardsley, NY 10502 Full Service B&M $136,114
    Sterling National Bank 75-25 Metropolitan Avenue Middle Village, NY 11379 Full Service B&M $200,421
    Sterling National Bank 839 New York Ave Huntington, NY 11743 Full Service B&M $61,402
    Sterling National Bank 845 Wheeler Road Hauppauge, NY 11788 Full Service B&M $143,971
    Sterling National Bank 865 Mclean Avenue Yonkers, NY 10704 Full Service B&M $77,085
    Sterling National Bank 875 Mamaroneck Ave Mamaroneck, NY 10543 Full Service B&M $35,013
    Sterling National Bank 955 Hempstead Turnpike Franklin Square, NY 11010 Full Service B&M $136,941
    Sterling National Bank 97-33 Queens Blvd. Rego Park, NY 11374 Full Service B&M $144,025
    Sterling National Bank 975 Allerton Avenue Bronx, NY 10469 Full Service B&M $63,998
    Sterling National Bank 995 Hicksville Rd Massapequa, NY 11758 Full Service B&M $128,538
    Sterling National Bank Towne Center At Somers 325 Route 100 Somers, NY 10589 Full Service B&M $141,952

    For 2019, Sterling National Bank had 97 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $1,202,541
    Net interest income $924,867
    Total noninterest income $142,281
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $20,227
    Trading account gains and fees $0
    Additional Noninterest Income $122,054
    Pre-tax net operating income $574,380
    Securities gains (or losses, -) $-6,905
    Income before extraordinary items $448,290
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $448,290
    Minority interest net income $0
    Net income $448,290
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $453,744

    Sterling National Bank's gross interest income from loans was $1,202,541,000.
    Sterling National Bank's net interest income from loans was $924,867,000.
    Sterling National Bank's fee based income from loans was $20,227,000.
    Sterling National Bank's net income from loans was $448,290,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $277,674
    Provision for credit losses $45,985
    Total noninterest expense $446,783
    Salaries and employee benefits $214,647
    Premises and equipment expense $64,364
    Additional noninterest expense $167,772
    Applicable income taxes $119,185
    Net charge-offs $35,424
    Cash dividends $500,007

    Sterling National Bank's interest expense for loans was $277,674,000.
    Sterling National Bank's payroll and benefits expense were $214,647,000.
    Sterling National Bank's property, plant and equipment expenses $64,364,000.

    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 3.0%
    HELOC loans 9.0%
    All other family 2.0%
    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 $22,742,118
    Deposits held in domestic offices $22,742,118
    Deposits by Individuals, partnerships, and corporations $20,753,929
    Deposits by U.S. Government $143
    Deposits by States and political subdivisions in the U.S. $1,988,046
    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 $1,472,977
    Demand deposits $1,472,977
    Nontransaction accounts $21,269,141
    Money market deposit accounts (MMDAs) $15,110,126
    Other savings deposits (excluding MMDAs) $2,711,080
    Total time deposits $3,447,935
    Total time and savings deposits $21,269,141
    Noninterest-bearing deposits $4,383,066
    Interest-bearing deposits $18,359,052
    Retail deposits $20,332,854
    IRAs and Keogh plan accounts $1,017,152
    Brokered deposits $1,866,443
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $30,566,521
    Cash & Balances due from depository institutions $329,151
    Interest-bearing balances $174,907
    Total securities $5,075,309
    Federal funds sold & reverse repurchase $0
    Net loans and leases $21,342,099
    Loan and leases loss allowance $106,238
    Trading account assets $67,318
    Bank premises and fixed assets $227,070
    Other real estate owned $12,189
    Goodwill and other intangibles $1,753,744
    All other assets $1,759,641

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $30,566,521
    Total Liabilities $25,923,499
    Total deposits $22,742,118
    Interest-bearing deposits $18,359,052
    Deposits held in domestic offices $22,742,118
    % insured (estimated) $68
    Federal funds purchased and repurchase agreements $22,678
    Trading liabilities $24,314
    Other borrowed funds $2,245,653
    Subordinated debt $173,182
    All other liabilities $715,554

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $21,342,099
    Loan and leases loss allowance $106,238
    Total loans and leases (domestic) $21,448,337
    All real estate loans $13,192,854
    Real estate loans in domestic offices $13,192,854
    Construction and development loans $467,331
    Residential 1-4 family construction $32,252
    Other construction, all land development and other land $435,079
    Loans secured by nonfarm nonresidential properties $5,417,597
    Nonfarm nonresidential secured by owner-occupied properties $731,652
    Commercial real estate & other non-farm, non-residential $4,685,945
    Multifamily residential real estate $4,876,995
    1-4 family residential loans $2,429,729
    Farmland loans $1,202
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $5,400,725
    To non-U.S. addressees $0
    Loans to individuals $8,500
    Credit card loans $0
    Related Plans $6,108
    Consumer Auto Loans $3
    Other loans to individuals $2,389
    All other loans & leases $2,846,258
    Loans to foreign governments and official institutions $0
    Other loans $1,337,918
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $348,337
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $49,260
    Non 1-4 family restructured loans & leases $39,304
    Total loans and leases (foreign) $0

    Sterling National Bank had $21,342,099,000 of loans outstanding in 2019. $13,192,854,000 of loans were in real estate loans. $467,331,000 of loans were in development loans. $4,876,995,000 of loans were in multifamily mortgage loans. $2,429,729,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $3,000 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 838 $258,671 $308,677
    Nonfarm, nonresidential loans - <$100k 72 $2,112 $29,333
    Nonfarm, nonresidential loans - $100-250k 165 $15,947 $96,648
    Nonfarm, nonresidential loans - $250k-1MM 601 $240,612 $400,353
    Commercial & Industrial, US addressed loans - <$1MM 11,136 $1,029,469 $92,445
    Commercial & Industrial, US addressed loans - <$100k 4,969 $114,523 $23,047
    Commercial & Industrial, US addressed loans - $100-250k 3,665 $258,461 $70,521
    Commercial & Industrial, US addressed loans - $250k-1MM 2,502 $656,485 $262,384
    Farmland loans - <$1MM 3 $289 $96,333
    Farmland loans - $100-250k 1 $113 $113,000
    Farmland loans - $250k-1MM 2 $176 $88,000