NYCB 2017 Annual Report

49 Loan Portfolio Analysis The following table summarizes the composition of our loan portfolio at each year-end for the five years ended December 31, 2017: At December 31, 2017 2016 2015 2014 2013 (dollars in thousands) Amount Percent of Total Loans Percent of Non- Covered Loans Amount Percent of Total Loans Percent of Non- Covered Loans Amount Percent of Total Loans Percent of Non- Covered Loans Amount Percent of Total Loans Percent of Non- Covered Loans Amount Percent of Total Loans Percent of Non- Covered Loans Non-Covered Mortgage Loans: $20,699,927 Multi-family $28,074,709 73.12% 73.12% $26,945,052 68.28% 71.35% $25,971,629 68.04% 71.93% $23,831,846 66.54% 71.39% 62.89% 68.71% Commercial real estate 7,322,226 19.07 19.07 7,724,362 19.57 20.45 7,857,204 20.58 21.76 7,634,320 21.32 22.87 7,364,231 22.37 24.44 One-to-four family 477,228 1.24 1.24 381,081 0.97 1.01 116,841 0.31 0.32 138,915 0.39 0.41 560,730 1.70 1.86 Acquisition, development, and construction 435,825 1.14 1.14 381,194 0.97 1.01 311,676 0.82 0.86 258,116 0.72 0.77 344,100 1.05 1.14 Total non-covered mortgage loans 36,309,988 94.57 94.57 35,431,689 89.79 93.82 34,257,350 89.75 94.87 31,863,197 88.97 95.44 28,968,988 88.01 96.15 Non-Covered Other Loans: Specialty finance 1,539,733 4.01 4.01 1,267,530 3.21 3.36 880,673 2.31 2.44 632,827 1.77 1.89 172,698 0.52 0.57 Other commercial and industrial 500,841 1.31 1.31 632,915 1.60 1.68 569,883 1.49 1.58 476,394 1.33 1.43 640,993 1.95 2.13 Other loans 8,460 0.02 0.02 24,067 0.06 0.06 32,583 0.09 0.09 31,943 0.09 0.10 39,036 0.12 0.13 Total non-covered other loans 2,049,034 5.34 5.34 1,924,512 4.87 5.10 1,483,139 3.89 4.11 1,141,164 3.19 3.42 852,727 2.59 2.83 Total non-covered loans held for investment $38,359,022 99.91 99.91 $37,356,201 94.66 98.92 $35,740,489 93.64 98.98 $33,004,361 92.16 98.86 $29,821,715 90.60 98.98 Loans held for sale 35,258 0.09 0.09 409,152 1.04 1.08 367,221 0.96 1.02 379,399 1.06 1.14 306,915 0.93 1.02 Total non-covered loans $38,394,280 100.00 100.00% $37,765,353 95.70 100.00% $36,107,710 94.60 100.00% $33,383,760 93.22 100.00% $30,128,630 91.53 100.00% Covered loans -- -- 1,698,133 4.30 2,060,089 5.40 2,428,622 6.78 2,788,618 8.47 Total loans $38,394,280 100.00% $39,463,486 100.00% $38,167,799 100.00% $35,812,382 100.00% $32,917,248 100.00% Net deferred loan origination costs 28,949 26,521 22,715 20,595 16,274 Allowance for losses on non-covered loans (158,046) (158,290) (147,124) (139,857) (141,946) Allowance for losses on covered loans -- (23,701) (31,395) (45,481) (64,069) Total loans, net $38,265,183 $39,308,016 $38,011,995 $35,647,639 $32,727,507