For the year ending 2025-12-31, PDLB has $3,223,970K in assets. $2,682,421K in debts. $126,154K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash | 28,511 | |||
| Interest-bearing deposits | 97,643 | |||
| Total cash and cash equivalents | 126,154 | |||
| Available-for-sale securities, at fair value (note 3) | 92,196 | |||
| Held-to-maturity securities, net of allowance for credit losses of 236 and 216 at december 31, 2025 and 2024, respectively at amortized cost (fair value 2025 268,875 2024 355,294) (note 3) | 272,982 | |||
| Placements with banks | 249 | |||
| Mortgage loans held for sale, at fair value (note 4) | 3,388 | |||
| Loans, gross | 2,624,910 | |||
| Deferred loan origination costs, net of fees | -203 | |||
| Allowance for credit losses | 25,449 | |||
| Loans receivable, net of allowance for credit losses of 25,449 and 22,502 at december 31, 2025 and 2024, respectively (note 5) | 2,599,258 | |||
| Accrued interest receivable | 17,905 | |||
| Property, plant and equipment, gross | 32,868 | |||
| Less accumulated depreciation and amortization | 17,230 | |||
| Premises and equipment, net (note 6) | 15,638 | |||
| Right of use assets (note 7) | 27,583 | |||
| Federal home loan bank of new york (fhlbny) stock, at cost | 29,309 | |||
| Federal reserve bank of new york (frbny) stock, at cost | 10,698 | |||
| Deferred tax assets (note 10) | 11,501 | |||
| Other assets | 17,109 | |||
| Total assets | 3,223,970 | |||
| Deposits (note 8) | 2,046,635 | |||
| Borrowings (note 9) | 596,100 | |||
| Operating lease liabilities | 29,353 | |||
| Accrued interest payable | 3,788 | |||
| Other liabilities | 6,545 | |||
| Total liabilities | 2,682,421 | |||
| Preferred stock, 0.01 par value 100,000,000 shares authorized series a, senior non-cumulative perpetual, 1,000 per share liquidation preference, 225,000 shares issued and outstanding as of december 31, 2025 and 2024 | 225,000 | |||
| Common stock, 0.01 par value 200,000,000 shares authorized 24,886,711 shares issued at both december 31, 2025 and 2024 24,135,926 and 23,961,214 shares outstanding as of december 31, 2025 and 2024, respectively | 249 | |||
| Treasury stock, at cost 750,785 and 925,497shares as of december 31, 2025 and 2024, respectively (note 11) | 6,164 | |||
| Additional paid-in-capital | 208,604 | |||
| Retained earnings | 135,332 | |||
| Accumulated other comprehensive loss (note 16) | -10,820 | |||
| Unearned employee stock ownership plan (esop) 1,168,244 and 1,301,988 shares as of december 31, 2025 and 2024, respectively (note 11) | 10,652 | |||
| Total stockholders' equity | 541,549 | |||
| Total liabilities and stockholders' equity | 3,223,970 | |||
Ponce Financial Group, Inc. (PDLB)
Ponce Financial Group, Inc. (PDLB)