For the quarter ending 2025-09-30, PDLB has $3,157,079K in assets. $2,627,244K in debts. $146,579K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 29,296 | 35,767 | ||
| Interest-bearing deposits | 117,283 | 90,872 | ||
| Total cash and cash equivalents | 146,579 | 126,639 | ||
| Available-for-sale securities, at fair value (note 3) | 94,822 | 96,562 | ||
| Held-to-maturity securities, net of allowance for credit losses of 228 at september 30, 2025 and 216 at december 31, 2024 at amortized cost (fair value 2025 279,852 2024 355,294) (note 3) | 285,125 | 336,879 | ||
| Placement with banks | 249 | 249 | ||
| Mortgage loans held for sale, at fair value (note 4) | 5,794 | 5,703 | ||
| Total loans, gross | 2,514,459 | - | ||
| Net deferred loan origination costs | 351 | - | ||
| Allowance for credit losses | 24,764 | - | ||
| Loans receivable, net of allowance for credit losses of 24,764 at september 30, 2025 and 22,502 at december 31, 2024 (note 5) | 2,490,046 | 2,458,712 | ||
| Accrued interest receivable | 18,903 | 19,126 | ||
| Premises and equipment, net | 16,129 | 16,067 | ||
| Right of use assets (note 6) | 28,295 | 28,806 | ||
| Federal home loan bank of new york (fhlbny) stock, at cost | 25,945 | 26,620 | ||
| Deferred tax assets | 12,402 | 12,143 | ||
| Other assets | 32,790 | 26,363 | ||
| Total assets | 3,157,079 | 3,153,869 | ||
| Deposits (note 7) | 2,063,081 | 2,042,209 | ||
| Operating lease liabilities | 30,028 | 30,501 | ||
| Accrued interest payable | 4,372 | 4,161 | ||
| Borrowings (note 8) | 521,100 | 536,100 | ||
| Advance payments by borrowers for taxes and insurance | - | 10,942 | ||
| Other liabilities | 8,663 | 8,868 | ||
| Total liabilities | 2,627,244 | 2,632,781 | ||
| Preferred stock, 0.01 par value 100,000,000 shares authorized, 225,000 shares issued and outstanding as of september 30, 2025 and as of december 31, 2024 | 225,000 | 225,000 | ||
| Common stock, 0.01 par value 200,000,000 shares authorized 24,886,711 shares issued at both september 30, 2025 and december 31, 2024 24,001,125 shares outstanding as of september 30, 2025 and 23,961,214 shares outstanding as of december 31, 2024 | 249 | 249 | ||
| Treasury stock, at cost 885,586 shares as of september 30, 2025 and 925,497 shares as of december 31, 2024 | 7,270 | 7,404 | ||
| Additional paid-in-capital | 208,909 | 208,275 | ||
| Retained earnings | 125,477 | 119,250 | ||
| Accumulated other comprehensive loss (note 13) | -11,586 | -13,047 | ||
| Unearned compensation - esop 1,201,680 shares as of september 30, 2025 and 1,301,988 shares as of december 31, 2024 | 10,944 | 11,235 | ||
| Total stockholders' equity | 529,835 | 521,088 | ||
| Total liabilities and stockholders' equity | 3,157,079 | 3,153,869 | ||
Ponce Financial Group, Inc. (PDLB)
Ponce Financial Group, Inc. (PDLB)