Office Loans Investment and Deposit Portfolio Analysis
National Lending Portfolio
Average LTV By Bucket
-
Weighted
WA LTV
Northeast
BANK
National Lending Portfolio <40%
40-49%
50-59%
60-69%
70-79% >=80%
Total
Dollars in thousands
Direct Originated Loans (1)
87,208
123,435
165,193
93,045
47,952
9,024
525,856
Lender Finance Loans (1)
148,411
Purchased Loans (2)
$599,594
139,844
$265,476
106,701
36,860
$198,873
$203,220
29,900
$181,290
461,715
$31,666
$1,480,119
Total
$835,213
$528,755
$470,767
$333,124
$259,142
$40,690
$2,467,691
% of Total
34%
21%
19%
13%
11%
2%
100%
(1) LTV is calculated as the Bank's loan amount to the value of the underlying commercial real estate collateral.
(2) Reflects the Bank's basis against the value of the underlying commercial real estate collateral.
All data as of June 30, 2023, unless otherwise noted. Loan balances exclude net deferred fees and costs.
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