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'Fortress Balance Sheet' JPMorgan Chase just showed a remarkable drop in 30-89 Days Past Due delinquencies for their 1-4 Family First Liens (mortgages) portfolio. Just ignore the fact that the reduction in early stage delinquencies corresponds to a massive increase in 1-4…

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U.S. Banks' exposure to Adjustable Rate Mortgages hit an all-time high of 40.91% in 2025 Q2. Since 2022 Q2 all new net Bank Mortgage growth has been Adjustable Rate Mortgages.

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Is BCB Community Bank (BCBP) the next EagleBank? BCBP delinquencies just hit 5.51% in Q2 and they have restructured (lowered payments) on another 4.09% of their book. A full 9.60% of BCBP's loan portfolio is either delinquent or been modified and left off Nonaccrual. The…

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Here are the Top 20 Home Equity Loan (HELOC) bank lenders as of 2025 Q1:

Continuing the Northpointe Bank review from last week, today's post focuses on NPB's Home Equity Line (HELOC) portfolio - which has grown from $279.04 Million three years ago to $753.68 Million in 25Q1. That's a considerable amount of growth in a small time frame and, not…

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Yesterday we showed that Northpointe Bank has a deteriorating delinquency issue where delinquencies continue to climb across their loan book. Today's first exhibit details late stage NPLs and reviews aggregate NPL %, Government Guarantees and Adjusted NPLs. Late stage NPL rate…

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This week, BankRegData reviews Northpointe Bank, a $5.86 Billion Assets bank in Grand Rapids, MI that went public earlier this year (NPB). The first exhibit details Northpointe's Loan Portfolio mix and reveals substantial exposure to housing. We also see elevated NPL rates…

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Yesterday, we reviewed how Sallie Mae delinquencies have moderated due to very high levels of loan modifications (6.58% of portfolio). Today, we look at SouthEast Bank (Farragut, TN) which has a large student loan refinance portfolio through their elfi Division. The Individuals:…

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Today BankRegData reviews Sallie Mae Bank's Individuals: Other Loan portfolio. Essentially, this is Sallie Mae's Student Loan portfolio. The first chart tracks Total Delinquencies and we see that, while elevated, delinquencies are coming down hitting 2.25% in 2025 Q1.…

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Today we review Webster Bank's recent increase in Multifamily NPLs. In 2024 Q3 Webster had just $167,000 in MFR NPLs and the portfolio looked spectacular. In the past 6 months Multifamily NPLs have skyrocketed to $55,487,000 which is 0.77% of the portfolio. What's especially…

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Today's post reviews the continued increase in NPLs for Webster Bank's Non Owner Occupied CRE portfolio. A year ago Webster had $13.01 Million of Non Owner NPLs for an NPL % of 0.13%. Today, Webster's Non Owner CRE NPLs have skyrocketed to $202.80 Million and 2.12%. This figure…

KeyBank had a $45,894,000 increase in Q1 Non Owner CRE 30-89 Days Past Due bringing the 30-89 PD rate to 0.89% (98th percentile). What is extremely interesting about this increase is that $35,236,000 of the $45,894,000 is modified (payment lowered). So, did Key modify a…

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KeyBank has dramatically reduced funding from FHLB Advances dropping from $9.84B in 2024 Q1 to just $1.33B today. The majority of the funding delta was made up by nice growth in Core Deposits increasing $6.4B since 24Q1. The majority of the Core Deposit growth was from…

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Today's post on KeyBank focuses on their recent growth in their Securities holdings. From a cycle low of $41.88 Billion in 2024 Q3 Key has added $6.03B of securities. Key is shedding Treasuries, Agency and Asset Backed and significantly growing their MBS portfolio (up 24.96%…

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This week BankRegData will do a series of posts on KeyBank. Today's post will focus on Key's OREO and OREO liquidation. OREO is Other Real Estate Owned and it's the estimated residual value of the real estate loan that charged off. In the first chart we see that KeyBank has…

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Today's post reviews Penn Woods Bancorp's use of Negative Provision to manage earnings. Provision is an expense that banks take to increase their Allowance (Reserves) which are used to offset future charge offs. Since Provision is an expense it lowers the current quarter income…

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JPMorgan Chase's 1-4 Family Construction portfolio is experiencing significant increases in both Early Stage Delinquencies and NPLs. JPM is the second largest 1-4 Construction lender among all U.S. Banks. It's highly likely the 1-4 Family Construction issues are related to the…

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BankRegData's CRE NoteFinder module has identified a note buying opportunity with First International Bank & Trust (Watford City, ND). Late Stage Delinquencies (NPLs) jumped $31.22 Million QonQ bring the bank's Non Owner CRE NPL % to 4.62%. The bank is also dealing with…

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BankRegData's Sentry Event system has identified material Multifamily NPL increases across multiple banks. Pinnacle Bank's portfolio skyrocketed from $178,000 (0.01% of MFR loans) to $34,630,000 (1.47% NPL rate). The increase in NPLs should be somewhat expected as they have…

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