Sterling National Bank Mortgage Rates, Fees & Info

Pearl River, NY

LEI: 549300TN38DPH732VI61

Tax ID: 13-1726107

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

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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 Cash Out Refi loans. Sterling National Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, Poughkeepsie, Bridgeport, Houma, and San Jose among others. We have data for 12 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 a below average pick rate when compared to similar lenders. Sterling National Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    229

    Origination Dollar Volume (All Markets)

    $810,725,000

    Employee count

    1,439

    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) 201 $774,955,000 $3,855,498 $6,435 3.02%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 10 $11,210,000 $1,121,000 $4,732 3.27%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 6 $8,670,000 $1,445,000 $7,632 3.31%
    Outside of Metro Areas 3 $3,905,000 $1,301,667 $4,205 3.33%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $3,075,000 $3,075,000 $0 3.75%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $2,405,000 $2,405,000 $9,783 3.13%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $2,150,000 $1,075,000 $6,861 3.06%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $1,175,000 $1,175,000 $2,393 3.00%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $1,055,000 $1,055,000 $11,053 3.13%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $7,197 3.00%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $685,000 $685,000 $5,518 3.13%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $435,000 $435,000 $4,511 3.00%
    Sterling National Bank's top markets include New York, Poughkeepsie, Bridgeport, Houma, and San Jose among others.

    Their top states include:
  • New York (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Louisiana (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: 102
    Schuyler Savings Bank
    Similarity Rank: 352
    ATLANTIS MORTGAGE CO., INC.
    Similarity Rank: 652
    The First National Bank of Long Island
    Similarity Rank: 748
    The Atlantic Federal Credit Union
    Similarity Rank: 882
    GARDEN SAVINGS FEDERAL CREDIT UNION
    Similarity Rank: 1064
    U S WIDE FINANCIAL LLC
    Similarity Rank: 1092
    Columbia Bank
    Similarity Rank: 1183
    Poli Mortgage Group, Inc.
    Similarity Rank: 1369
    Hanover Community Bank
    Similarity Rank: 1430

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 229 $810,725,000 $3,540,284 $6,386 3.04%

    For 2021, Sterling National Bank's most frequently originated type of loan was Conventional, with 229 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 100 $655,440,000 $6,554,400 $7,716 3.04%
    Home Purchase 85 $107,805,000 $1,268,294 $5,532 3.05%
    Refi 40 $39,300,000 $982,500 $7,423 3.02%
    Home Improvement 4 $8,180,000 $2,045,000 $4,674 3.03%

    For 2021, Sterling National Bank's most frequently cited loan purpose was Cash Out Refi, with 100 originations. The 2nd most popular reason was Home Purchase, with 85 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 129 $101,725,000 $788,566 $6,398 3.04%
    Other 49 $372,365,000 $7,599,286 $4,541 2.98%
    5 Year 38 $313,170,000 $8,241,316 $0 3.11%
    10 Year 6 $18,260,000 $3,043,333 $0 3.48%
    15 Year 5 $3,005,000 $601,000 $6,623 2.50%
    20 Year 1 $495,000 $495,000 $5,562 3.00%
    3 Year 1 $1,705,000 $1,705,000 $0 3.36%

    For 2021, Sterling National Bank's most frequently cited loan duration was 30 Year, with 129 originations. The 2nd most popular length was Other, with 49 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 72 $50,260,000 $698,056
    $<1k 17 $6,175,000 $363,235
    $2k-3k 16 $12,460,000 $778,750
    $3k-4k 13 $11,165,000 $858,846
    $5k+ 11 $18,235,000 $1,657,727
    $4k-5k 7 $7,415,000 $1,059,286

    Sterling National Bank's average total fees were $6,398, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 72 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 123 $480,505,000 $3,906,545
    3-4% 88 $273,030,000 $3,102,614
    <2.5% 14 $52,270,000 $3,733,571
    4-5% 3 $4,735,000 $1,578,333

    During 2021, Sterling National Bank's average interest rate for loans was 3.04%, while their most frequently originated rate bucket for loans was 2.5-3%, with 123 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 122 $755,770,000 $6,194,836 $9,209 3.01%
    $600k-1MM 39 $30,675,000 $786,538 $6,403 3.04%
    $400k-600k 36 $18,490,000 $513,611 $6,159 3.00%
    $200k-400k 13 $3,885,000 $298,846 $4,337 3.19%
    $100k-200k 11 $1,625,000 $147,727 $4,326 3.21%
    $100,000 or less 8 $280,000 $35,000 $441 3.25%

    2021 saw Sterling National Bank place emphasis on $1MM+ loans with 122 originations, totaling $755,770,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 58 $68,840,000 $1,186,897 $8,028 2.94%
    $150k-250k 32 $22,980,000 $718,125 $6,344 2.97%
    $50k-75k 14 $2,370,000 $169,286 $2,977 3.25%
    $100k-150k 13 $6,975,000 $536,538 $6,384 3.02%
    $50k or less 10 $1,180,000 $118,000 $3,101 3.25%
    $75k-100k 9 $3,365,000 $373,889 $4,911 3.18%

    Sterling National Bank lent most frequently to those with incomes in the $250k+ range, with 58 originations. The second most popular income band? $150k-250k, with 32 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 34 $28,480,000 $837,647 $6,616 3.01%
    20-30% 29 $25,125,000 $866,379 $6,665 2.95%
    42% 16 $8,260,000 $516,250 $5,011 3.01%
    39% 13 $8,265,000 $635,769 $4,616 3.13%
    <20% 11 $8,635,000 $785,000 $6,670 3.00%
    38% 9 $5,095,000 $566,111 $6,148 3.06%
    40% 7 $4,265,000 $609,286 $5,794 3.00%
    41% 6 $2,520,000 $420,000 $4,703 3.10%
    37% 5 $4,255,000 $851,000 $9,075 3.05%
    36% 4 $4,560,000 $1,140,000 $5,832 2.94%
    43% 1 $595,000 $595,000 $8,502 3.13%
    >60% 1 $5,655,000 $5,655,000 $35,423 3.75%

    Sterling National Bank lent most frequently to those with DTI ratios of 30-36%, with 34 originations. The next most common DTI ratio? 20-30%, with 29 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 92 $704,470,000 $7,657,283 $0 3.07%
    White 74 $62,240,000 $841,081 $7,054 3.00%
    Not provided 36 $31,620,000 $878,333 $6,027 3.03%
    Asian 10 $7,990,000 $799,000 $7,019 2.94%
    Black 17 $4,405,000 $259,118 $3,906 3.21%

    Approval Rates

    Total approvals of all applications
    97.32%

    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
    76.86%

    Sterling National Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 229 $810,725,000 $3,540,284

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    229 $810,725,000 $3,540,284

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 23 $46,595,000 $2,025,870 $9,664 3.02%
    40-60% 34 $150,590,000 $4,429,118 $7,546 2.99%
    60-80% 123 $576,175,000 $4,684,350 $6,819 3.02%
    80-100% 42 $19,850,000 $472,619 $4,493 3.12%
    Under 20% 7 $17,515,000 $2,502,143 $5,518 3.24%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    STERLING BANCORP Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 5.3%
    STERLING BANCORP Conventional home mortgage Closing on a mortgage 1 5.3%
    STERLING BANCORP Conventional home mortgage Struggling to pay mortgage 4 21.1%
    STERLING BANCORP Conventional home mortgage Trouble during payment process 9 47.4%
    STERLING BANCORP Home equity loan or line of credit (HELOC) Trouble during payment process 1 5.3%
    STERLING BANCORP Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 5.3%
    STERLING BANCORP Other type of mortgage Trouble during payment process 2 10.5%

    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 $282,222
    Sterling National Bank 1 Lake Road West, Suite 1 Congers, NY 10920 Full Service B&M $103,649
    Sterling National Bank 1001 Park Blvd. Massapequa Park, NY 11762 Full Service B&M $106,202
    Sterling National Bank 101 Church Avenue Brooklyn, NY 11218 Full Service B&M $172,436
    Sterling National Bank 1015 Route 112 Port Jefferson Station, NY 11776 Full Service B&M $165,191
    Sterling National Bank 1047 North Country Road Stony Brook, NY 11790 Full Service B&M $100,405
    Sterling National Bank 110 Seventh Avenue Brooklyn, NY 11215 Full Service B&M $105,630
    Sterling National Bank 1149 Wantagh Avenue Wantagh, NY 11793 Full Service B&M $116,016
    Sterling National Bank 1150 Franklin Ave Garden City, NY 11530 Full Service B&M $182,591
    Sterling National Bank 120 South Franklin Avenue Valley Stream, NY 11580 Full Service B&M $126,718
    Sterling National Bank 1401 Avenue M Brooklyn, NY 11230 Full Service B&M $111,325
    Sterling National Bank 153 South Liberty Dr Route 9w Stony Point, NY 10980 Full Service B&M $172,021
    Sterling National Bank 153-17 Cross Island Parkway Whitestone, NY 11357 Full Service B&M $372,780
    Sterling National Bank 155 Jericho Turnpike Floral Park, NY 11001 Full Service B&M $198,009
    Sterling National Bank 1550 Flatbush Avenue Brooklyn, NY 11210 Full Service B&M $135,314
    Sterling National Bank 162 Hillside Avenue Williston Park, NY 11596 Full Service B&M $143,532
    Sterling National Bank 164 Manetto Hill Rd Plainview, NY 11803 Full Service B&M $162,445
    Sterling National Bank 179 South Main Street New City, NY 10956 Full Service B&M $133,299
    Sterling National Bank 179-25 Hillside Avenue Jamaica, NY 11432 Full Service B&M $124,159
    Sterling National Bank 18 Oakland Avenue Warwick, NY 10990 Full Service B&M $188,274
    Sterling National Bank 180 East Main Street East Islip, NY 11730 Full Service B&M $225,550
    Sterling National Bank 180 West Main Street Babylon, NY 11702 Full Service B&M $203,858
    Sterling National Bank 1880 Middle Country Rd Ridge, NY 11961 Full Service B&M $119,141
    Sterling National Bank 196 Route 59 Airmont, NY 10901 Full Service B&M $144,427
    Sterling National Bank 2 Blue Hill Plz, Second Floor Pearl River, NY 10965 Full Service B&M $8,771,063
    Sterling National Bank 2090 East Merrick Road Merrick, NY 11566 Full Service B&M $125,761
    Sterling National Bank 300 East Main Street Bay Shore, NY 11706 Full Service B&M $94,331
    Sterling National Bank 31-24 Ditmars Blvd Long Island City, NY 11105 Full Service B&M $261,470
    Sterling National Bank 3105 Hempstead Tpke Levittown, NY 11756 Full Service B&M $177,075
    Sterling National Bank 320 Walt Whitman Rd Huntington Station, NY 11746 Full Service B&M $192,637
    Sterling National Bank 325 Route 25a Rocky Point, NY 11778 Full Service B&M $172,062
    Sterling National Bank 33 Main St Kings Park, NY 11754 Full Service B&M $132,685
    Sterling National Bank 339 Merrick Road Rockville Centre, NY 11570 Full Service B&M $107,681
    Sterling National Bank 35 E Grassy Sprain Rd Yonkers, NY 10710 Full Service B&M $3,064,796
    Sterling National Bank 3535 Long Beach Road, Sands Shopping Center Oceanside, NY 11572 Full Service B&M $114,910
    Sterling National Bank 361 Sunrise Hwy Patchogue, NY 11772 Full Service B&M $139,110
    Sterling National Bank 363 Hempstead Avenue Malverne, NY 11565 Full Service B&M $127,637
    Sterling National Bank 37-16 30th Avenue Long Island City, NY 11103 Full Service B&M $336,462
    Sterling National Bank 375 Route 303 Orangeburg, NY 10962 Full Service B&M $827,922
    Sterling National Bank 38-40 New Main Street Haverstraw, NY 10927 Full Service B&M $27,838
    Sterling National Bank 3887 Merrick Road Seaford, NY 11783 Full Service B&M $99,837
    Sterling National Bank 4 Great Neck Road Great Neck, NY 11021 Full Service B&M $132,578
    Sterling National Bank 40 Church Street White Plains, NY 10601 Full Service B&M $103,177
    Sterling National Bank 4302 18th Avenue Brooklyn, NY 11218 Full Service B&M $102,659
    Sterling National Bank 44 Cedar Swamp Road Glen Cove, NY 11542 Full Service B&M $173,911
    Sterling National Bank 44 West Route 59 Nanuet, NY 10954 Full Service B&M $110,178
    Sterling National Bank 459 5th Avenue Brooklyn, NY 11215 Full Service B&M $137,387
    Sterling National Bank 46-08 Francis Lewis Blvd Flushing, NY 11361 Full Service B&M $229,937
    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 $223,616
    Sterling National Bank 50 Jackson Avenue Syosset, NY 11791 Full Service B&M $112,499
    Sterling National Bank 500 7th Ave New York, NY 10018 Full Service B&M $368,356
    Sterling National Bank 5193 Main Street South Fallsburg, NY 12779 Full Service B&M $61,774
    Sterling National Bank 5220 13th Avenue Brooklyn, NY 11219 Full Service B&M $88,144
    Sterling National Bank 526 Union Blvd West Islip, NY 11795 Full Service B&M $112,070
    Sterling National Bank 591 Route 17m Monroe, NY 10950 Full Service B&M $215,802
    Sterling National Bank 60-20 Woodside Ave Woodside, NY 11377 Full Service B&M $158,567
    Sterling National Bank 61 South Broadway Yonkers, NY 10701 Full Service B&M $38,405
    Sterling National Bank 619 Sunrise Highway Lynbrook, NY 11563 Full Service B&M $173,496
    Sterling National Bank 63-72 108th Street Forest Hills, NY 11375 Full Service B&M $179,137
    Sterling National Bank 6348 Route 25a Wading River, NY 11792 Full Service B&M $104,469
    Sterling National Bank 696 Horseblock Road Farmingville, NY 11738 Full Service B&M $132,552
    Sterling National Bank 7 Edward J. Lempka Drive Florida, NY 10921 Full Service B&M $177,376
    Sterling National Bank 70 Canal Street Ellenville, NY 12428 Full Service B&M $66,518
    Sterling National Bank 72-35 Broadway Jackson Heights, NY 11372 Full Service B&M $120,393
    Sterling National Bank 729 Saw Mill River Road Ardsley, NY 10502 Full Service B&M $197,151
    Sterling National Bank 75-25 Metropolitan Avenue Middle Village, NY 11379 Full Service B&M $191,667
    Sterling National Bank 845 Wheeler Road Hauppauge, NY 11788 Full Service B&M $141,274
    Sterling National Bank 865 Mclean Avenue Yonkers, NY 10704 Full Service B&M $86,911
    Sterling National Bank 955 Hempstead Turnpike Franklin Square, NY 11010 Full Service B&M $242,015
    Sterling National Bank 97-33 Queens Blvd. Rego Park, NY 11374 Full Service B&M $127,190
    Sterling National Bank 975 Allerton Avenue Bronx, NY 10469 Full Service B&M $102,313
    Sterling National Bank 995 Hicksville Rd Massapequa, NY 11758 Full Service B&M $133,400
    Sterling National Bank Towne Center At Somers 325 Route 100 Somers, NY 10589 Full Service B&M $132,278

    For 2021, Sterling National Bank had 74 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $917,918
    Net interest income $887,840
    Total noninterest income $133,962
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $21,771
    Trading account gains and fees $0
    Additional Noninterest Income $112,191
    Pre-tax net operating income $564,294
    Securities gains (or losses, -) $2,967
    Income before extraordinary items $446,331
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $446,331
    Minority interest net income $0
    Net income $446,331
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $443,987

    Sterling National Bank's gross interest income from loans was $917,918,000.
    Sterling National Bank's net interest income from loans was $887,840,000.
    Sterling National Bank's fee based income from loans was $21,771,000.
    Sterling National Bank's net income from loans was $446,331,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $30,078
    Provision for credit losses $-5,149
    Total noninterest expense $462,657
    Salaries and employee benefits $232,510
    Premises and equipment expense $56,337
    Additional noninterest expense $173,810
    Applicable income taxes $120,930
    Net charge-offs $43,868
    Cash dividends $80,007

    Sterling National Bank's interest expense for loans was $30,078,000.
    Sterling National Bank's payroll and benefits expense were $232,510,000.
    Sterling National Bank's property, plant and equipment expenses $56,337,000.

    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 3.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 13.0%
    All other family 0.0%
    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 $22,959,164
    Deposits held in domestic offices $22,959,164
    Deposits by Individuals, partnerships, and corporations $21,027,365
    Deposits by U.S. Government $60
    Deposits by States and political subdivisions in the U.S. $1,931,739
    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 $11,166,766
    Demand deposits $11,166,766
    Nontransaction accounts $11,792,398
    Money market deposit accounts (MMDAs) $7,874,326
    Other savings deposits (excluding MMDAs) $2,688,288
    Total time deposits $1,229,784
    Total time and savings deposits $11,792,398
    Noninterest-bearing deposits $6,430,243
    Interest-bearing deposits $16,528,921
    Retail deposits $22,799,250
    IRAs and Keogh plan accounts $399,652
    Brokered deposits $60
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $29,558,731
    Cash & Balances due from depository institutions $307,890
    Interest-bearing balances $215,688
    Total securities $4,434,604
    Federal funds sold & reverse repurchase $0
    Net loans and leases $21,085,648
    Loan and leases loss allowance $278,232
    Trading account assets $69,520
    Bank premises and fixed assets $197,216
    Other real estate owned $197
    Goodwill and other intangibles $1,714,416
    All other assets $1,749,240

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $29,558,731
    Total Liabilities $24,354,369
    Total deposits $22,959,164
    Interest-bearing deposits $16,528,921
    Deposits held in domestic offices $22,959,164
    % insured (estimated) $54
    Federal funds purchased and repurchase agreements $178,008
    Trading liabilities $26,004
    Other borrowed funds $542,000
    Subordinated debt $0
    All other liabilities $649,193

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $21,085,648
    Loan and leases loss allowance $278,232
    Total loans and leases (domestic) $21,363,880
    All real estate loans $12,509,114
    Real estate loans in domestic offices $12,509,114
    Construction and development loans $704,670
    Residential 1-4 family construction $30,493
    Other construction, all land development and other land $674,177
    Loans secured by nonfarm nonresidential properties $6,025,560
    Nonfarm nonresidential secured by owner-occupied properties $862,913
    Commercial real estate & other non-farm, non-residential $5,162,647
    Multifamily residential real estate $4,287,764
    1-4 family residential loans $1,490,945
    Farmland loans $175
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $5,592,349
    To non-U.S. addressees $0
    Loans to individuals $5,209
    Credit card loans $0
    Related Plans $4,099
    Consumer Auto Loans $0
    Other loans to individuals $1,110
    All other loans & leases $3,257,208
    Loans to foreign governments and official institutions $0
    Other loans $1,060,013
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $502,541
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $9,494
    Non 1-4 family restructured loans & leases $2,672
    Total loans and leases (foreign) $0

    Sterling National Bank had $21,085,648,000 of loans outstanding in 2021. $12,509,114,000 of loans were in real estate loans. $704,670,000 of loans were in development loans. $4,287,764,000 of loans were in multifamily mortgage loans. $1,490,945,000 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 539 $182,753 $339,059
    Nonfarm, nonresidential loans - <$100k 23 $825 $35,870
    Nonfarm, nonresidential loans - $100-250k 93 $8,881 $95,495
    Nonfarm, nonresidential loans - $250k-1MM 423 $173,047 $409,095
    Commercial & Industrial, US addressed loans - <$1MM 3,982 $403,518 $101,336
    Commercial & Industrial, US addressed loans - <$100k 1,736 $21,448 $12,355
    Commercial & Industrial, US addressed loans - $100-250k 1,054 $66,582 $63,171
    Commercial & Industrial, US addressed loans - $250k-1MM 1,192 $315,488 $264,671
    Farmland loans - <$1MM 1 $87 $87,000
    Farmland loans - $100-250k 1 $87 $87,000