northfield bank savings account review

For checking and savings, CDs and mortgages, car loans and investments—welcome all builders, makers and doers. Learn More. Personal Banking. Rates. Personal Banking; Personal Loans; Money Market Accounts. What are people saying about banks & credit unions services in Staten Island, NY? This is a review for. Northfield Bank offers a variety of deposit accounts with a In addition, bank regulators periodically review our allowance for loan. northfield bank savings account review

: Northfield bank savings account review

Northfield bank savings account review
Northfield bank savings account review
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1Interest Checking: Annual Percentage Yield (APY) is based on a minimum daily balance of $1,000. Rate is variable and may change after the account is opened. Rate is subject to change without notice. Fees could reduce earnings.

2Relationship Banking: Annual Percentage Yield (APY) is based on the balance amounts displayed in the tier chart above. Rates are variable and may change after the account is opened. Rates are subject to change without notice. Fees could reduce earnings.

3Statement Savings: There is no minimum balance required to earn the Annual Percentage Yield (APY). $0 minimum deposit to open any savings account in branch ($25 to open online). Rate is variable and may change after the account is opened. Rate is subject to change without notice. Fees could reduce earnings.

4Money Market Account: Annual Percentage Yield (APY) is based on a minimum daily balance of $1,000. Rate is variable and may change after the account is opened. Rate is subject to change without notice. Fees could reduce earnings.

5Platinum Money Market: Annual Percentage Yield (APY) is based on the balance amounts displayed in the tier chart above. Rates are variable and may change after the account is opened. Rates are subject to change without notice. Fees could reduce earnings.

6Health Savings Account: Annual Percentage Yield (APY) is based on the balance amounts displayed in the tier chart above. Rates are variable and may change after the account is opened. Rates are subject to change without notice. Fees could reduce earnings.

7IRA Money Market Account: There is no minimum balance required to earn the Annual Percentage Yield (APY). $10 minimum deposit to open the account. Rate is variable and may change after the account is opened. Rate is subject to change without notice. Fees could reduce earnings. northfield bank savings account review

8 Individual Retirement Account (IRA) certificates of deposit are eligible. Rates are subject to change and may be withdrawn without notice. There is a $1,000 minimum balance to open the Certificate of Deposit and obtain APY. A penalty will be imposed for early withdrawal. Fees could reduce earnings on the account.

9 Month No Penalty CD: Funds must remain on deposit at least seven days after which a full withdrawal is allowed without penalty. 9 Month No Penalty CD is not available as an IRA account.

12 Month Variable Rate CD: Rate may change after the account is opened. 12 Month Variable Rate CD is not available as an IRA account.

9 This disclosure applies to the 13-Month promotional CD listed below unless otherwise stated. This offer is valid for consumers. Individual Retirement Account (IRA) certificates of deposit are eligible. Promotional rates are subject to change and may be withdrawn without notice. There is a $1,000 minimum balance to open the Certificate of Deposit and obtain APY. A penalty will be imposed for early withdrawal. Fees could reduce earnings on the account.

13 Month Relationship Banking Promotional CD: To receive the advertised APY, you must have a Relationship Banking checking account, plus $15,000 in total deposits or $20,000 in combined deposits and consumer loan balances (excluding mortgages and credit cards). Minimum balance to avoid monthly maintenance fee on the Relationship Banking checking account is $2,000. Without Relationship Banking checking account, the CD rate will be .10% lower.

10Optionline Primary Residence Promo:The product is a variable rate line of credit secured by the primary residence and not exceeding an 80% loan-to-value (LTV) ratio. This account includes a fixed-rate option. This rate may vary, but once established as a new Fixed Rate Advance, will not vary thereafter. A $100 rate lock fee applies each time you establish a Fixed Rate Advance (except in the State of MD). The fee is waived if the rate is locked at closing. A separate rate schedule applies for Fixed Rate Advances.

Most closing cost fees will be waived on primary 1-4 family residence secured credits up to 80% LTV. Closing costs for lines of credit of up to $500,000 typically range from approximately $185 to $1994 depending on line amount, appraisal requirements and property location. Properties that require a commercial appraisal may incur additional costs of up to $3875. For properties in PA, DE, and NJ, if you close your account or your account goes into default within 36 months of opening it, you will be required to pay back any closing cost fees the bank initially paid on your behalf.

In addition, the borrower is required to purchase title insurance if the line is used to purchase the collateral property or the line amount is for more than $500,000. For properties held in the name of a trust, a $300 Trust Review fee will be charged and cannot be waived. The borrower will be responsible to pay mortgage satisfaction fees at the time of loan termination. Property insurance is required. For properties in MD & VA, Fulton Bank will only pay municipal recordation taxes on the Eligible Property Value subject to the tax. Eligible Property Value, for purposes of this payment of taxes, is defined as the national merchant banker ltd of the following two amounts: $250,000 or the difference between the appraised value of the property and the sum total of any recorded liens. Municipal recordation taxes are based on loan amount and taxes charged in excess of the sum paid for by the bank are the responsibility of the borrower.

The advertised introductory rate applies to new lines of credit of $5,000 or more. There is no maximum line amount required to qualify for this introductory APR offer. The 6-month introductory period begins at loan closing. The introductory APR offer may be withdrawn at any time and is subject to change without notice. The introductory rate where can i watch saving mr banks online for free does not apply to the refinance of existing Fulton Bank debt. Rates are accurate as of 11/02/2020.

After the expiration of the 6-month introductory rate period, the variable APR will be based on the Wall Street Journal Prime (WSJP) rate as published daily plus or minus a margin, and will vary with WSJP. The advertised 3.50% APR is our current standard rate with automatic deduction of payment from any Fulton Bank deposit account. Your APR is based on credit qualifications, appraisal requirements, LTV ratio, and payment option selected and will increase by 0.25% if automatic payment is discontinued. The WSJP rate may change at any time and is subject to change without notice. Your APR will not exceed 18% at any time during the term of your account.

Rates and terms are subject to change and may be withdrawn without notice. Rates are available to qualified borrowers and loans are subject to credit approval. Properties currently listed for sale may not be pledged as collateral for OptionLine. A minimum credit score of 620 is required.

11Optionline Investment Property: The product is a variable rate line of credit secured by non-owner-occupied real estate and not exceeding 75% loan-to-value (LTV) ratio. This account has a fixed-rate option. This rate may vary, but once established as a new Fixed Rate Advance, will not vary thereafter. A $100 rate lock fee applies each time you establish a Fixed Rate Advance (except in the State of MD). The fee is waived captain america the winter soldier crossbones rate is locked at closing. A separate rate schedule applies for Fixed Rate Advances.

Most closing costs for 1-4 spencer savings bank nj online banking residence secured lines of credit of up to $500,000 typically range from approximately $185 to $1994 depending on line amount, appraisal requirements and property location. Properties that require a commercial appraisal may incur additional costs of up to $3875.

In addition, the borrower is required to purchase title insurance if the line is used to purchase the collateral property or the line amount is for more than $500,000. For properties held in the name of a trust, a $300 Trust Review fee will be charged and cannot be waived. The borrower will be responsible to pay mortgage satisfaction fees at the time of loan termination. Property insurance is required. For properties in MD & VA, recordation taxes to state and local municipalities will be charged based on the loan amount and are the responsibility of the borrower.

The advertised 5.75% APR (Annual Percentage Rate) is our current standard rate with automatic deduction of payment from any Fulton Bank deposit account and applies to new lines of credit of $5,000 or more. Your APR is based credit qualifications, appraisal requirements, LTV ratio, and payment option selected and will increase by 0.25% if automatic payment is discontinued. The variable APR is based on the Wall Street Journal Prime (WSJP) as published daily plus or minus a margin and will vary with WSJP. WSJP may change at any time and is subject to change without notice. Your APR will not exceed 18% at any time during the term of your account.

Rates and terms are subject to change and may be withdrawn without notice. Rates are available to qualified borrowers and loans are subject to credit approval. Is coconut milk saturated fat bad for you currently listed for sale may not be pledged as collateral for OptionLine. A minimum credit score of 620 is required.

12Auto Loan: The product is a fixed-rate, closed-end loan secured by your automobile, not exceeding an 125% loan-to-value ratio (LTV) for new automobiles or the NADA Trade-In Value (125% LTV) for used automobiles. Rates apply to automobile loans of $2,500 or more with automatic deduction from any Fulton Bank deposit account. Your APR will increase by 0.25% if automatic payment is discontinued.  Rates and terms are subject to change and may be withdrawn without notice. Rates are available to qualified borrowers and loans are subject to credit approval.

For new and used 1-2 year old automobiles not exceeding an 125% LTV with terms from 6 months up to 6 years, APRs may range from 3.19% to 8.44% with monthly payments ranging from approximately $15.28 to $17.75 per $1,000 borrowed, depending on credit qualifications, payment option selected, and other factors. For example, it would cost approximately $18.10 a month per $1,000 borrowed based on 3.29% APR for 5 years.

For used 3-5 year old automobiles not exceeding 125% LTV with terms from 6 months up to 5 years, APRs may range from 3.65% to 8.86% with monthly payments ranging from approximately $18.26 to $20.69 per $1,000 borrowed, depending on credit qualifications, payment option selected, and other factors. For example, it would cost approximately $22.49 a month per $1,000 borrowed based on 3.80% APR for 4 years for a 2018 model year automobile. 

For used 6-9 year old automobiles not exceeding 125% LTV with a term of 6 months up to 5 years(max term of 4 years for a 9 year old automobile), APRs may range from 4.53% to 9.86% with monthly payments ranging from approximately $18.66 to $21.18 per $1,000 borrowed, depending on credit qualifications, payment option selected, and other factors. For example, it would cost approximately $29.85 a month per $1,000 borrowed based on 4.73% APR for 3 years for a 2015 model year automobile.

A minimum credit score of 620 is required.


13Unsecured Optionline: Applies to both tier 1 and tier 2: The product is an unsecured variable-rate line of credit. This account includes a fixed-rate option. This rate may vary, but once established as a new Fixed Rate Advance, will not vary thereafter. A $100 rate lock fee applies each time you establish a Fixed Rate Advance. The fee is waived if rate is locked at closing. A separate rate schedule applies for Fixed Rate Advances.

The variable APR will be based on The Wall Street Journal Prime Rate (WSJP) as published daily plus or minus a margin and will vary with WSJP. WSJP may change at any time and is subject to change without notice. Your APR will not exceed 18% at any time during the term of your account. Rates and terms are subject to change and may be withdrawn without notice. Rates are available to qualified borrowers and loans are subject to credit approval.

Maximum line amount is $50,000.00. Minimum credit score of 680 required.

Tier 1: The advertised 4.50% APR (Annual Percentage Rate) is our current standard rate with automatic deduction of payment from any Fulton Bank deposit account and applies to new lines of credit of $2,500 or more for borrowers with a net worth of $350,000 or more. Your APR is based on net worth, credit qualifications, and payment option selected and will increase by 0.25% if automatic payment is discontinued. 

Tier 2: The advertised 7.00% APR (Annual Percentage Rate) is our current standard rate with automatic deduction of payment from any Fulton Bank deposit account and applies to new lines of credit of $2,500 or more. Your APR is based on credit qualifications and payment option selected and will increase by 0.25% if automatic payment is discontinued. 

14Personal Loan: The product is a fixed-rate unsecured, closed-end loan.

The advertised 11.74% APR (Annual Percentage Rate) is our current standard rate with automatic deduction of payment from any Fulton Bank deposit account and applies to unsecured loans of $2,500 or more. Your APR is based on credit qualifications and payment option selected and will increase by 0.25% if automatic payment is discontinued. Rates and terms are subject to change and may be withdrawn without notice. Rates are available to qualified borrowers and loans are subject to credit approval.

For a term of up to 5 years, APRs may range from 11.49% to 13.24% with monthly payments ranging from approximately $21.99 to $22.88 per $1,000 borrowed, depending on credit qualifications, payment option selected, and other factors. For example, it would cost approximately $22.11 a month per $1,000 borrowed based on 11.74% APR for 5 years.

The maximum loan amount of $35,000. A minimum credit score of 680 is required.


15Certificate of Deposit/Savings Secured Optionline: The product is a variable-rate line of credit secured with a Fulton Bank certificate of deposit (CD) or savings account and not exceeding 100% loan-to-value (LTV) ratio. This account has a fixed-rate option. This rate may vary, but once established as a new Fixed Rate Advance, will not vary thereafter. A $100 rate lock fee applies each time you establish a Fixed Rate Advance (except in the State of MD). The fee is waived if rate is locked at closing. A separate rate schedule applies for Fixed Rate Advances.  

The advertised 3.50% APR (Annual Percentage Rate) is our current standard rate with automatic deduction of payment from a Fulton Bank deposit account and applies to new lines of credit of $5,000 or more. Your APR is based on credit qualifications and payment option selected and will increase by 0.25% if automatic payment is discontinued. The variable APR is based on The Wall Street Journal Prime Rate (WSJP) as published daily plus or minus a margin and will vary with WSJP. WSJP may change at any time and is subject to change without notice. Your APR will not exceed 18% at any time during the term of your account. Rates and terms are subject to change and may be withdrawn without notice. Rates are available to qualified borrowers and loans are subject to credit approval.

A minimum credit score of 620 is required.

16Stock Secured Optionline: The product is a variable-rate line of credit secured with stock certificates not exceeding a 75% loan-to-value (LTV) ratio. This account has a fixed-rate option. This rate may vary, but once established as a new Fixed Rate Advance, will not vary thereafter. A $100 rate lock fee applies each time you establish a Fixed Rate Advance (except in the State of MD). The fee is waived if rate is locked at closing. A separate rate schedule applies for Fixed Rate Advances.

The advertised 4.50% APR (Annual Percentage Rate) is our current standard rate with automatic deduction of payment from a Fulton Bank deposit account and applies to new lines of credit of $5,000 or more. Your APR is based on credit qualifications and payment option selected and will increase by 0.25% if automatic payment is discontinued. The variable APR is based on The Wall Street Journal Prime Rate (WSJP) as published daily plus a margin and will vary with WSJP. WSJP may change at any time and is subject to change without notice. Your APR will not exceed 18% at any time during the term of your account. Rates and terms are subject to change and may be withdrawn without notice. Rates are available to qualified borrowers and loans are subject to credit approval.

A minimum credit score of 620 is required.

At certain places on this site, you may find links to web sites operated by or under the control of third parties. Fulton Bank, N.A., Fulton Financial Corporation or any of its subsidiaries, Fulton Financial Advisors, and Fulton Private Bank do not endorse, approve, certify, or control those external sites and do not guarantee the accuracy or completeness of the information contained on those web sites. The bank may not be affiliated with organizations or third parties mentioned on the page.

Источник: https://www.fultonbank.com/Rates

GlobeNewswire

Northfield Bancorp, Inc. Announces First Quarter 2021 Results

NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE INCREASED OVER 46% TO $0.38 AS COMPARED TO $0.26 FOR THE TRAILING QUARTER, AND OVER 280% COMPARED TO $0.10 FOR THE FIRST QUARTER OF 2020.NET INTEREST INCOME INCREASED $3.1 MILLION, OR 8.5%, OVER THE TRAILING QUARTER, AND $10.2 MILLION, OR 34.2%, COMPARED TO THE FIRST QUARTER OF 2020.NET INTEREST MARGIN INCREASED 27 BASIS POINTS TO 3.10% AS COMPARED TO 2.83% FOR THE TRAILING QUARTER, AND 53 BASIS POINTS AS COMPARED TO 2.57% FOR THE FIRST QUARTER OF 2020.LOANS HELD-FOR-INVESTMENT, NET, INCREASED $109.8 MILLION, OR 11.5% ANNUALIZED.DEPOSITS, EXCLUDING BROKERED, INCREASED $25.2 MILLION, OR 2.6%, ANNUALIZED.THE COMPANY ADOPTED THE CURRENT EXPECTED CREDIT LOSSES (“CECL”) ACCOUNTING STANDARD AS OF JANUARY 1, 2021. INCREASED QUARTERLY CASH DIVIDEND BY 18.2% TO $0.13 PER SHARE OF COMMON STOCK, PAYABLE MAY 26, 2021, TO STOCKHOLDERS OF RECORD AS OF MAY 12, 2021.REPURCHASED 742,323 SHARES TOTALING APPROXIMATELY $10.1 MILLION. WOODBRIDGE, N.J., April 28, 2021 (GLOBE NEWSWIRE) -- NORTHFIELD BANCORP, INC. (Nasdaq:NFBK), the holding company for Northfield Bank, reported diluted earnings per common share of $0.38 for quarter ended March 31, 2021, as compared to $0.26 per diluted share for the quarter ended December 31, 2020, and $0.10 per diluted share for the quarter ended March 31, 2020. Earnings for the quarter ended March 31, 2021, included a negative provision for loan losses of $2.4 million, reflecting an improvement in the forecasted economic outlook during the quarter, as compared to provisions for loan losses of $2.5 million and $8.2 million for the quarters ended December 31, 2020, and March 31, 2020, respectively, under the incurred loss methodology. The provision for loan losses for the quarter ended March 31, 2020, included incremental loss provisions of $6.2 million ($4.6 million after-tax), related to additional factors considered for economic uncertainties related to the Coronavirus Disease 2019 (“COVID-19”) pandemic. Earnings for the quarter ended March 31, 2021, also included approximately $1.9 million of accretable income related to the payoffs of purchased credit deteriorated (“PCD”) loans. Earnings for the quarter ended December 31, 2020, included $2.2 million ($1.6 million after-tax) in occupancy costs attributable to branch consolidations. Commenting on the quarter, Steven M. Klein, the Company’s President and Chief Executive Officer noted, “Our strong financial results for the first quarter reflect our continued commitment to and execution on the fundamentals of community-based banking. With a strategic focus on prudent loan and low-cost deposit growth we have increased net interest margins, and related net interest income, while maintaining strong asset quality due to our prudent lending standards. Throughout this past year we also have been proactive, assisting our customers affected by the pandemic. These actions, among others, continue to produce positive results for our stockholders, customers, and communities.” Mr. Klein further noted, “I am pleased to announce that the Board of Directors has declared a $0.13 per share cash dividend, an increase of $0.02, or 18.2%, per share, payable May 26, 2021, to stockholders of record on May 12, 2021.” Results of Operations Comparison of Operating Results for the Three Months Ended March 31, 2021 and 2020 Net income was $18.7 million and $4.6 million for the three months ended March 31, 2021 and March 31, 2020, respectively. Significant variances from the comparable prior year period are as follows: a $10.2 million increase in net interest income, a $10.6 million decrease in the provision for loan losses, a $2.5 million increase in non-interest income, a $3.9 million increase in non-interest expense, and a $5.3 million increase in income tax expense. Net interest income for the three months ended March 31, 2021, increased $10.2 million, or 34.2%, to $40.2 million, from $29.9 million for the three months ended March 31, 2020, primarily due to a $569.6 million, or 12.2%, increase in average interest-earning assets and a 53 basis point increase in net interest margin to 3.10% from 2.57% for the three months ended March 31, 2020. The increase in average interest-earning assets was due to increases in average loans outstanding of $402.5 million, average mortgage-backed securities of $161.3 million and average interest-earning deposits in financial institutions of $63.0 million, partially offset by decreases in average other securities of $54.6 million and average Federal Home Loan Bank of New York (“FHLBNY”) stock of $2.6 million. The increase in net interest margin was primarily due to the decrease in the cost of interest-bearing liabilities outpacing the decrease in yields on interest earning assets. Yields on interest earning assets decreased 19 basis points to 3.48% for the three months ended March 31, 2021, from 3.67% for the three months ended March 31, 2020. The cost of interest bearing liabilities decreased by 86 basis points to 0.50% for the three months ended March 31, 2021, from 1.36% for the three months ended March 31, 2020, primarily driven by lower costs of deposits. Net interest income for the three months ended March 31, 2021, included loan prepayment income of $860,000 as compared to $627,000 for the three months ended March 31, 2020. The Company accreted interest income related to PCD loans of $2.4 million for the three months ended March 31, 2021, as compared to $803,000 for three months ended March 31, 2020. The increase in accretable interest income was related to payoffs of PCD loans. Also contributing to the increase in net interest income for the current quarter were fees related to loans originated under the Paycheck Protection Program ("PPP") td bank calgary near me approximately $1.3 million. The provision for loan losses decreased by $10.6 million to a negative provision of $2.4 million for the three months ended March 31, 2021, compared to $8.2 million for the three months ended March 31, 2020. The higher provision for loan losses in the first quarter of 2020 was primarily due to increases in the qualitative factors used in determining the adequacy of the allowance for loan losses related to unemployment, loan risk rating changes and increased risks related to loans on forbearance, resulting from economic uncertainty attributable to the beginning of the COVID-19 pandemic, under the incurred loss methodology. On January 1, 2021, the Company adopted ASU 2016-13, Financial Instruments- Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“CECL”). CECL requires the measurement of all expected credit losses over the life of financial instruments held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. In connection with the adoption of CECL, the Company recognized a cumulative effect adjustment that reduced stockholders’ equity by $3.1 million, net of tax. At adoption, the Company increased its allowance for credit losses by $11.1 million, comprised of $10.3 million and $737,000, respectively, for loans and unfunded commitments, including $6.8 million related to PCD loans. For PCD loans, the allowance for credit losses recorded is recognized through a gross-up that increases the amortized cost basis of loans with a corresponding increase to the allowance for credit losses, and therefore results in no impact to shareholders' equity. For the for three months ended March 31, 2021, the Company recorded a negative provision of $2.4 million, driven primarily by an improvement in economic forecasts for the current quarter. Net charge-offs were $2.4 million for the three months ended March 31, 2021, primarily related to PCD loans, as compared to $90,000 for the three months ended March 31, 2020. Non-interest income increased $2.5 million to $2.6 million for the three months ended March 31, 2021, from $108,000 for the three months ended March 31, 2020, primarily due to an increase of $2.4 million in gains on trading securities, net. For the three months ended March 31, 2021, gains on trading securities were $364,000 as compared to losses of $2.0 million for the three months ended March 31, 2020. The trading portfolio is utilized to fund the Company’s deferred compensation obligation to certain employees and directors of the Company's deferred compensation plan (the “Plan”). The participants of this Plan, at their election, defer a portion of their compensation. Gains and losses on trading securities have no effect on net income since participants benefit from, and bear the full risk of, changes in the trading securities market values. Therefore, the Company records an equal and offsetting amount in compensation expense, reflecting the change in the Company’s obligations under the Plan. Non-interest expense increased $3.9 million, or 24.7%, to $19.6 million for the three months ended March 31, 2021, compared to $15.7 million for the three months ended March 31, 2020. This is fifth third bank health savings account login primarily to a $3.2 million increase in employee compensation and benefits, $2.4 million of which is attributable to the increase in the Company's deferred compensation plan expense which as discussed above has no effect on net income, as well as increases in salary and medical benefit expenses associated with increased personnel from our acquisition of VSB Bancorp, Inc. (“Victory”) on July 1, 2020. Additionally occupancy expense increased by $641,000, primarily attributable to higher snow removal costs. The Company recorded income tax expense of $6.9 million for the three months ended March 31, 2021, compared to $1.6 million for the three months ended March 31, 2020. The effective tax rate for the three months ended March 31, 2021, was 27.1% compared to 26.3% for the three months ended March 31, 2020. The higher effective tax rate is primarily due to higher taxable income. On April 19, 2021, the Governor of New York signed into law an increase in the tax rate from 6.5% to 7.25%. This would have increased our tax expense by approximately $45,000 if enacted in the first quarter of 2021. Comparison of Operating Results for the Three Months Ended March 31, 2021 and December 31, 2020 Net income was $18.7 million and $13.1 million for the three months ended March 31, 2021, and December 31, 2020, respectively. Significant variances from the prior quarter are as follows: a $3.1 million increase in net interest income, a $4.8 million decrease in the provision for loan losses, a $1.5 million decrease in non-interest income, a $1.6 million decrease in non-interest expense, and a $2.5 million increase in income tax expense. Net interest income for the three months ended March 31, 2021, increased $3.1 million, or 8.5%, primarily due to a 27 basis point increase in net interest margin to 3.10% from 2.83% for the three months ended December 31, 2020 and a $48.2 million, or 0.9%, increase in prosperity bank cisco tx interest-earning assets. The increase in average interest-earning assets was primarily due to increases in average loans outstanding of $166.6 million, partially offset by decreases in average mortgage-backed securities of $23.5 million, average interest-earning deposits in financial institutions of $78.8 million, and average other securities of $15.4 million. The increase in net interest margin was primarily due to higher yields on interest-earning assets which increased by 19 basis points to 3.48% for the three months ended March 31, 2021, from 3.29% for the three months ended December 31, 2020, and a decrease in the cost of interest-bearing liabilities, which decreased 10 basis points to 0.50% for the three months ended March 31, 2021, from 0.60% for the three months ended December 31, 2020. Net interest income for the three months ended March 31, 2021, included loan prepayment income of $860,000 as compared to $1.1 million for the three months ended December 31, 2020. The Company accreted interest income related to PCD loans of $2.4 million for the three months ended March 31, 2021, as compared to $689,000 for three months ended December 31, 2020. The increase in accretable interest income was related to payoffs of PCD loans. Net interest income for the three months ended March 31, 2021, and Northfield bank savings account review 31, 2020, included PPP fee income of approximately $1.3 million and $1.1 million, respectively. The provision for loan losses san jose costa rica zip code map by $4.8 million to a negative provision of $2.4 million for the three months ended March 31, 2021, from a provision of $2.5 million for the three months ended December 31, 2020. The decrease was primarily due to an improvement in economic forecasts for the quarter. Net charge-offs were $2.4 million for the three months ended March 31, 2021, primarily related to PCD loans, as compared to net charge-offs of $3.6 million for the three months ended December 31, 2020. Net charge-offs for the three months ended December 31, 2020, were primarily related to commercial real estate and multifamily loans, that were modified in the form of interest and/or principal payment deferrals due to COVID-19 related hardships and were transferred to held-for-sale. Non-interest slate from chase pay by phone decreased by $1.5 million to $2.6 million for the three months ended March 31, 2021, from $4.1 million for the three months ended December 31, 2020. The decrease was primarily due to decreases of $840,000 in gains on trading securities, net, $291,000 in income on bank owned life insurance, and $236,000 in other income. For the three months ended March 31, 2021, gains on trading securities, net, included gains of $364,000 related to the Company’s trading portfolio, compared to gains of $1.2 million for the three months ended December 31, 2020. As previously noted, the trading portfolio is utilized to fund the Company’s deferred compensation obligation to certain employees and directors of the Company's deferred compensation plan, and gains and losses on trading securities have no effect on net income since participants benefit from, and bear the full risk of, changes in the trading securities market values. Non-interest expense decreased $1.6 million, or 7.7%, to $19.6 million for the three months ended March 31, 2021, from $21.2 million for the three months ended December 31, 2020, primarily due to a $1.8 million decrease in occupancy, related to costs associated with branch consolidations in the quarter ended December 31, 2020, and a $361,000 decrease in data processing costs. Partially offsetting the decreases was an increase of $134,000 in compensation and employee benefits, which included an $840,000 decrease in the Company's deferred compensation plan expense which as previously discussed has no effect on net income, offset by higher salary expense and medical benefits, an increase of $135,000 in professional fees, and an increase of $248,000 in other expenses. The Company recorded income tax expense of $6.9 million for the three months ended March 31, 2021, compared to $4.4 million how much does amazon stock cost the three months ended December 31, 2020. The effective tax rate for the three months ended March 31, 2021 was 27.1%, compared to 25.3% for the three months ended and December 31, 2020. The higher effective tax rate is primarily due to higher taxable income. Financial Condition Total assets increased $62.4 million, or 1.1%, to $5.58 billion at March 31, 2021, from $5.51 billion at December 31, 2020. The increase was primarily due to increases in cash and cash equivalents of $40.0 million, or 45.7%, and total loans of $89.9 million, or 2.3%. Partially offsetting these increases was a decrease in available-for sale debt securities of $57.6 million, or 4.6%, a decrease in other assets of $3.3 million, or 12.9%, and an increase in the allowance for credit losses of $5.6 million, or 14.9%. The Company adopted the CECL accounting standard effective January 1, 2021, and recorded an increase in the allowance for credit losses of $11.1 million, comprised of $10.3 million and $737,000, respectively, for loans and unfunded commitments, including $6.8 million related to PCD loans. For PCD loans, the allowance for credit losses recorded is recognized through a gross-up that increases the amortized cost basis of loans with a corresponding increase to the allowance for credit losses, and therefore results in no impact to shareholders' equity. The remaining increase to the allowance for credit losses of $4.3 million was offset in stockholders' equity and deferred tax assets. As of March 31, 2021, we estimate that our non-owner occupied commercial real estate concentration (as defined by regulatory guidance) to total risk-based capital was approximately 488.0%. Management believes that Northfield Bank (the Bank) has implemented appropriate risk management practices including risk assessments, board-approved underwriting policies and related procedures which include monitoring Bank portfolio performance, performing market analysis (economic and real estate), and stressing of the Bank’s commercial real estate portfolio under severe, adverse economic conditions. Although management believes the Bank has implemented appropriate policies and procedures to manage our commercial real estate concentration risk, the Bank’s regulators could require us to implement additional policies and procedures or could require us to maintain higher levels of regulatory capital, which might adversely affect our loan originations, ability to pay dividends, and profitability. Cash and cash equivalents increased by $40.0 million, or 45.7%, to $127.6 million at March 31, 2021, from $87.5 million at December 31, 2020. Balances fluctuate based on the timing of receipt of security and loan repayments and northfield bank savings account review redeployment of cash into higher-yielding assets such as loans and securities, or the funding of deposit outflows or borrowing maturities. Loans held-for-investment, net, increased $109.8 million to $3.93 billion at March 31, 2021, from $3.82 billion at December 31, 2020, primarily due to an increase in multifamily real estate loans of $58.4 million, or 2.3%, to $2.57 billion at March 31, 2021, from $2.51 billion at December 31, 2020, commercial and industrial loans of $45.0 million, or 23.1%, to $239.3 million at March 31, 2021, from $194.4 million at December 31, 2020, and commercial real estate loans of $16.6 million, or 2.3% to $733.6 million at March 31, 2021, from $717.0 million at December 31, 2020. The increase in commercial and industrial loans is primarily due to loans originated under the PPP as authorized by the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. The PPP loans are administered by the Small Business Administration, which provides 100% federally guaranteed loans for small businesses to cover payroll, utilities, rent and interest. These small business loans may be forgiven if borrowers maintain their payrolls and satisfy certain other conditions for a period of time during the COVID-19 pandemic. The Company began accepting and funding loans under this program in April 2020. There were 1,756 PPP loans totaling $167.9 million at March 31, 2021, compared to 1,275 loans totaling $126.5 million at December 31, 2020. During the first quarter of 2021, the Company originated, and the SBA approved, funding for $68.2 million PPP loans. PPP provides for lender processing fees that range from 1 to 5% of the final disbursement made to individual borrowers. As of March 31, 2021, we have received loan processing fees of $8.8 million, of which $3.1 million has been recognized in earnings, including $1.2 million recognized in the quarter ended March 31, 2021. The remaining unearned fees will be recognized in income over the remaining term of the loans. The following tables detail multifamily real estate originations for the three months ended Northfield bank savings account review 31, 2021 and 2020 (dollars in thousands): For the Three Months Ended March 31, 2021Multifamily Originations Weighted Average Interest Rate Weighted Average LTV Ratio Weighted Average Months to Next Rate Change or Maturity for Fixed Rate Loans (F)ixed or (V)ariable Amortization Term$161,087 3.11% 57% 75 V 10 to 30 Years For the Three Months Ended March 31, 2020Multifamily Originations Weighted Average Interest Rate Weighted Average LTV Ratio Weighted Average Months to Next Rate Change or Maturity for Fixed Rate Loans (F)ixed or (V)ariable Amortization Term$181,511 3.67% 60% 94 V 30 Years 1,500 4.40% 47% 180 F 15 Years$183,011 3.68% 60% There were no loans held-for-sale at March 31, 2021, compared to $19.9 million at December 31, 2020. At December 31, 2020, loans held-for-sale were comprised northfield bank savings account review commercial real estate and multifamily loans, primarily accommodation loans that were modified in the form of interest and/or principal payment deferrals due to COVID-19 related hardships, and had not returned to contractual payments after 180 days of relief. The sale of these loans was completed in March 2021. PCD loans totaled $18.0 million at March 31, 2021, and $18.5 million at December 31, 2020. Upon adoption of the CECL accounting standard on January 1, 2021, the allowance for credit losses related to PCD loans was recorded through a gross-up that increased the amortized cost-basis of PCD loans by $6.8 million with a corresponding increase to the allowance for credit losses. The decrease in the PCD loan balance at March 31, 2021, is due to 10 PCD loan sold during the quarter. The majority of the remaining PCD loan balance consists of loans acquired as part of a Federal Deposit Insurance Corporation-assisted transaction. The Company accreted interest income of $2.4 million attributable to PCD loans for the three months ended March 31, 2021, as compared to $803,000 for the three months ended March 31, 2020. The increase in income accreted for the quarter was related to the payoff of PCD loans. PCD loans had an allowance for credit losses of approximately $5.3 million at March 31, 2021. The Company’s available-for-sale debt securities portfolio decreased by $57.6 million, or 4.6%, to $1.21 billion at March 31, 2021, from $1.26 billion at December 31, 2020. The decrease was primarily attributable to paydowns, maturities, calls, and sales. At March 31, 2021, $1.08 billion of the portfolio consisted of residential mortgage-backed securities issued or guaranteed by Fannie Mae, Freddie Mac, or Ginnie Mae. In addition, the Company held $2.7 million in U.S. Government agency securities, $124.4 million in corporate bonds, all of which were considered investment grade at March 31, 2021, $103,000 in municipal bonds, and $747,000 in other debt securities. Total liabilities increased $61.8 million, or 1.3%, to $4.82 billion at March 31, 2021, from $4.76 billion at December 31, 2020. The increase was primarily attributable to an increase in deposits of $59.2 million and an increase in advance payments by borrowers for taxes and insurance of $4.4 million, partially offset by a decrease in accrued expenses and other liabilities of $1.4 million. Deposits increased $59.2 million, or 1.5%, to $4.14 billion at March 31, 2021, as compared to $4.08 billion at December 31, 2020. The increase was attributable to increases of $88.8 million in transaction accounts, $9.7 million in savings accounts, and $108.6 million in certificates of deposit, partially offset by a decrease of $147.8 million in money market accounts. Deposit account balances are summarized as follows (dollars in thousands): March 31, 2021 December 31, 2020Transaction: Non-interest bearing checking$771,432 $695,831 Negotiable orders of withdrawal and interest-bearing checking918,367 905,208 Total transaction1,689,799 1,601,039 Savings and Money market: Savings1,150,383 1,140,717 Money market665,344 713,168 Brokered money market— 100,000 Total savings1,815,727 1,953,885 Certificates of deposit: Brokered deposits181,827 47,827 $250,000 and under357,803 374,344 Over $250,00090,560 99,456 Total certificates of deposit630,190 521,627 Total deposits$4,135,716 $4,076,551 Included in the table above are business and municipal deposit account balances as follows (dollars in thousands): March 31, 2021 December 31, 2020 Business customers$1,023,970 $977,778 Municipal customers$514,653 $501,040 Borrowings and securities sold under agreements to repurchase increased to $592.2 million at March 31, 2021, from $591.8 million at December 31, 2020. Management utilizes borrowings to mitigate interest rate risk, for short-term liquidity, and to a lesser extent as part of leverage strategies. The following is a table of term borrowing maturities (excluding capitalized leases and overnight borrowings) and the weighted average rate by year at March 31, 2021 (dollars in thousands): Year Amount Weighted Average Rate2021 $170,000 1.98%2022 120,000 2.29%2023 87,500 2.89%2024 50,000 2.47%2025 112,500 1.48%Thereafter 45,000 1.45% $585,000 2.08% Total stockholders’ equity increased by $584,000 to $754.6 million at March 31, 2021, from $754.0 million at December 31, 2020. The increase was attributable to net income of $18.7 million for the three months ended March 31, 2021, and a $1.5 million increase in equity award activity, partially offset by an $893,000 decrease in accumulated other comprehensive income associated with unrealized gains on our debt securities available-for-sale portfolio, $5.5 million in dividend payments, and $10.1 million in stock repurchases. The Company repurchased 742,323 shares of its common stock outstanding at an average price of $13.64 for a total of $10.1 million during the first quarter of 2021, pursuant to the approved stock repurchase plans. In connection with the adoption of CECL, effective January 1, 2021, the Company recognized a cumulative effect adjustment that reduced stockholders’ equity by $3.1 million, net of tax, to establish initial allowances against credit losses on loans and off-balance sheet credit exposures. The Company continues to maintain a strong liquidity and capital position, despite the economic uncertainties presented by the COVID-19 pandemic. The Company's most liquid assets are cash and cash equivalents, corporate bonds, and unpledged mortgage-related securities issued or guaranteed by the U.S. Government, Fannie Mae, or Freddie Mac, that we can either borrow against or sell. We also have the ability to surrender bank-owned life insurance contracts. The surrender of these contracts would subject the Company to income taxes and penalties for increases in the cash surrender values over the original premium payments. We also have the ability to obtain additional funding from the FHLB and Federal Reserve Bank utilizing unencumbered and unpledged securities and multifamily loans. The Company expects to have sufficient funds available to meet current commitments in the normal course of business. The Company had the following primary sources of liquidity at March 31, 2021 (dollars in thousands): Cash and cash equivalents(1)$111,650 Corporate bonds$112,800 Multifamily loans(2)$1,337,379 Mortgage-backed securities (issued or guaranteed by the U.S. Government, Fannie Mae, or Freddie Mac)(2)$493,733 (1) Excludes $15,920 of cash at Northfield Bank.(2) Represents remaining borrowing potential. The Company and the Bank elected to opt into the Community Bank Leverage Ratio (“CBLR”) framework, effective for the first quarter of 2020. The CBLR replaces the risk-based and leverage capital requirements in the generally applicable capital rules. At March 31, 2021, the Company and the Bank's estimated CBLR ratios were 12.68% and 10.92% respectively, which exceeded the minimum requirement to be considered well-capitalized of 8%. As a result of the COVID-19 pandemic the Federal Regulators have lowered the CBLR ratio to 8%, which will phase back to the original legislation of 9% by 2022. 26% 0.77%Non-performing assets to total assets0.18% 0.54%Loans subject to restructuring agreements and still accruing$7,326 $7,697 Accruing loans 30 to 89 days delinquent$14,148 $13,982 Other Real Estate Owned Other real estate owned is comprised of one property acquired during the three months ended March 31, 2021, as a result of foreclosure. The property is located in New Jersey and had a carrying value of approximately $100,000 and is included in other assets on the consolidated balance sheet at March 31, 2021. Accruing Loans 30 to 89 Days Delinquent Loans 30 to 89 days delinquent and on accrual status totaled $14.1 million and $14.0 million at March 31, 2021 and December 31, 2020, respectively. The following table sets forth delinquencies for accruing loans by type and by amount at March 31, 2021 and December 31, 2020 (dollars in thousands): March 31, 2021 December 31, 2020Held-for-investment Real estate loans: Commercial$4,457 $8,792 One-to-four family residential4,023 1,152 Multifamily2,419 1,893 Construction and land390 994 Home equity and lines of credit372 380 Commercial and industrial loans2,480 760 Other loans7 11 Total delinquent accruing loans held-for-investment$14,148 $13,982 PCD Loans (Held-for-Investment) Under the new CECL standard, the Company will continue to account for PCD loans at estimated fair value using discounted expected future cash flows deemed to be collectible on the date acquired. Based on its detailed review of PCD loans and experience in loan workouts, management believes it has a reasonable expectation about the amount and timing of future cash flows and accordingly has classified PCD loans ($18.0 million at March 31, 2021 and $18.5 million at December 31, 2020) as accruing, even though they may be contractually past due. At March 31, 2021, 2.9% of PCD loans were past due 30 to 89 days, and 19.7% were past due 90 days or more, as compared to 9.6% and 35.2%, respectively, at December 31, 2020. COVID-19 Exposure Management continues to evaluate the Company's exposure to increased loan losses related to the COVID-19 pandemic, in particular the commercial real estate and multifamily loan portfolios. During the second quarter of 2020, the Company implemented a customer relief program to assist borrowers that may be experiencing financial hardship due to COVID-19 related challenges. The relief program grants principal and/or interest payment deferrals typically for a period of 90 days, which management may choose to extend for additional 90 days periods. At the peak of forbearance, June 2020, the Company had 286 loans approved for payment deferral representing $360.2 million, or approximately 10% of the Company's loan portfolio. As of March 31, 2021, the Company had approximately $28.8 million, or 24 outstanding loans, (excluding PCD loans) remaining in deferral, representing approximately 0.7% of the Company’s outstanding loan portfolio (excluding PCD loans) as of that date. Loans currently in deferment status (“COVID-19 Modified Loans”) will continue to accrue interest during the deferment period unless otherwise classified as nonperforming. COVID-19 Modified Loans are required to make escrow payments for real superior savings credit union taxes and insurance, if applicable. The COVID-19 Modified Loan agreements also require loans to be brought back to their fully contractual terms within 12 to 18 months and include covenants that prohibit distributions, bonuses, or payments of management fees to related entities until all deferred payments are made. Consistent with industry regulatory guidance, borrowers that were otherwise current on loan payments that were granted COVID-19 related financial hardship payment deferrals will continue to be reported as current loans throughout the agreed upon deferral period. Borrowers, which were delinquent in their payments to the Pnc fraud number, prior to requesting a COVID-19 related financial hardship payment deferral are reviewed on a case by case basis for TDR classification and non-performing loan status. The following table sets forth the property types collateralizing our loans held-for-investment (excluding PCD) in forbearance as of March 31, 2021 (dollars in thousands): Loan Portfolio by Property Type at March 31, 2021Loans in Forbearance for COVID Relief as of March 31, 2021 Number of Loans Amount Average Loan Size Weighted Average LTV Ratio % of Total Loans Number of Loans (2) Amount Average Loan Size Weighted Average LTV Ratio % of Portfolio by Property TypeCommercial Real Estate and Multifamily Multifamily(1)1,122 $2,571,409 $2,292 53% 65.8% 7 $17,988 $2,570 46% 0.70%Mixed use (majority of space is non-residential)227 151,604 668 46% 3.9% 4 7,550 1,888 46% 4.98%Retail88 147,484 1,676 47% 3.8% 1 607 607 55% 0.41%Office buildings111 107,263 966 46% 2.7% — — — —% —%Accommodations9 52,277 5,809 37% 1.3% 1 155 — 16% 0.30%Nursing Home5 27,608 5,522 58% 0.7% — — — —% —%Medical Office Buildings24 26,765 1,115 64% 0.7% — — — —% —%Industrial and Manufacturing (Office and Plant)23 18,608 809 44% 0.5% — — — —% —%Warehousing30 23,907 797 46% 0.6% — — — —% —%Restaurant22 13,045 593 51% 0.3% — — — —% —%Religious16 10,716 670 39% 0.3% — — — —% —%Bank Branch7 5,516 788 44% 0.1% — — — —% —%Schools/Child Day care6 5,604 934 36% 0.1% — — — —% —%Automobile18 6,482 360 52% 0.2% — — — —% —%Funeral Home2 1,771 885 63% —% — — — —% —%Leisure4 4,011 1,003 47% 0.1% 1 79 79 7% 1.97%Car Wash1 509 509 19% —% — — — —% —%Other138 130,942 949 59% 3.3% — — — —% —%Total commercial real estate and multifamily1,853 3,305,521 1,784 52% 84.4% 14 26,379 1,884 46% 0.80%One-to-four family residential648 202,948 313 35% 5.2% 5 2,300 460 39% 1.13%Home equity and lines of credit1,741 93,119 53 47% 2.4% 1 32 32 67% 0.03%Construction and land43 77,205 1,795 38% 2.0% — — — —% —%Commercial and industrial loans2,544 234,518 92 NM 6.0% 4 129 32 NM 0.06%Other125 1,659 13 NM —% — — — —% —%Total loans (excluding PCD)6,954 $3,914,970 563 100.0% 24 $28,840 1,202 0.74% (1) Property type is apartment units equal or greater than five units. Of the loans currently in deferral as of March 31, 2021, seven loans totaling $11.8 million are in their first deferral period and 17 loans totaling $17.0 million are repeat deferrals. As of April 26, 2021, one multifamily loan in the table above totaling $2.4 million returned to contractual payments and a further six loans totaling $2.1 million were granted additional relief, the majority being repeat deferrals. About Northfield Bank Northfield Bank, founded in 1887, operates 38 full-service banking in Staten Island and Brooklyn, New York, and Hunterdon, Middlesex, Mercer, and Union counties, New Jersey. For more citizens bank student loan customer service phone number about Northfield Bank, please visit www.eNorthfield.com. Forward-Looking Statements: This release may contain certain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and may be identified by the use of such words as "may," "believe," "expect," "anticipate," "should," "plan," "estimate," "predict," "continue," and "potential" or the negative of these terms or other comparable terminology. Examples of forward-looking statements include, but are not limited to, estimates with northfield bank savings account review to the financial condition, results of operations and business of Northfield Bancorp, Inc. Any or all of the forward-looking statements in this release and in any other public statements made by Northfield Bancorp, Inc. may turn out to be wrong. They can be affected by inaccurate assumptions Northfield Bancorp, Inc. might make or by known or unknown risks and uncertainties as described in our SEC filings, including, but not limited to, those related to general economic conditions, particularly in the market areas in which the Company operates, the effects of the COVID-19 pandemic, including the effects of the steps taken to address the pandemic and their impact on the Company’s market and employees, competition among depository and other financial institutions, changes in laws or government regulations or policies affecting financial institutions, including changes in regulatory fees and capital requirements, inflation and changes in the interest rate environment that reduce our margins or reduce the fair value of financial instruments, our ability to successfully integrate acquired entities, including Victory, and adverse changes in the securities markets. Consequently, no forward-looking statement can be guaranteed. Northfield Bancorp, Inc. does not intend to update any of the forward-looking statements after the date of this release, or conform these statements to actual events. (Tables follow) NORTHFIELD BANCORP, INC.SELECTED CONSOLIDATED FINANCIAL AND OTHER DATA(Dollars in thousands, except per share amounts) (unaudited) At or For the Three Months Ended March 31, December 31, 2021 2020 2020Selected Financial Ratios: Performance Ratios (1) Return on assets (ratio of net income to average total assets) (5) 1.36% 0.37% 0.94%Return on equity (ratio of net income to average equity) (5) (6) (8) (9)10.03 2.60 6.83 Average equity to average total assets13.57 14.14 13.75 Interest rate spread2.98 2.31 2.69 Net interest margin3.10 2.57 2.83 Efficiency ratio (2) (5)45.70 52.20 51.50 Non-interest expense to average total assets1.43 1.27 1.52 Non-interest expense to average total interest-earning assets1.51 1.35 1.62 Average interest-earning assets to average interest-bearing liabilities132.26 123.41 131.32 Asset Quality Ratios: Non-performing assets to total assets0.18 0.19 0.54 Non-performing loans (3) to total loans (4)0.26 0.27 0.77 Allowance for credit losses to non-performing loans (6)427.95 390.37 390.56 Allowance for credit losses to total loans held-for-investment, net (4) (6) (7) (8) 1.10 1.05 0.98 (1) Annualized when appropriate. (2) The efficiency ratio represents non-interest expense divided by the sum of net interest income and non-interest income.(3) Non-performing loans consist of non-accruing loans and loans 90 days or more past due and still accruing (excluding PCD loans), and are included in total loans held-for-investment, net, and total loans held-for-sale.(4) Includes originated loans held-for-investment, PCD loans, acquired loans, and loans held-for-sale.(5) The three gordon food service ended March 31, 2020, included merger-related expenses of $179,000. (6) The three months ended March 31, 2020, included an allowance for loan losses of $6.2 million ($4.6 million after-tax) related to additional factors considered for COVID-19.(7) Excluding PPP loans of $167.9 million, which are fully government guaranteed and do not carry any provision for losses, the allowance for loan losses to total loans held for investment, net, totaled 1.15% and 1.00%, respectively, at December 31, 2020. There were no PPP loans at March 31, 2020.(8) The Company adopted the CECL accounting standard effective January 1, 2021, and recorded a $10.3 million increase to its allowance for loan losses, including reserves of $6.8 million related to PCD loans. Ratios as of December 31, 2020 and March 31, 2020 do not reflect the adoption of CECL.(9) In connection with the adoption of CECL, the Company recognized a cumulative effect adjustment that reduced stockholders’ equity by $3.1 million, net of tax. NORTHFIELD BANCORP, INC.80 $13.64 northfield bank savings account review Tangible book value per share is calculated based on total stockholders' equity, excluding intangible assets (goodwill and core deposit intangibles), divided by total shares outstanding as of the balance sheet date. Core deposit intangibles were $590,000 and $640,000 at March 31, 2021 and December 31, 2020, respectively, and are included in other assets. NORTHFIELD BANCORP, INC.38 $0.10 $0.26 Diluted$0.38 $0.10 $0.26 Basic average shares outstanding49,528,419 46,791,768 50,514,632 Diluted average shares outstanding49,633,644 46,983,466 50,534,643 NORTHFIELD BANCORP, INC.ANALYSIS OF NET INTEREST INCOME(Dollars in thousands) (unaudited) For the Three Months Ended March 31, 2021 December 31, 2020 March 31, 2020 Average Outstanding Balance Interest Average Yield/ Rate (1) Average Outstanding Balance Interest Average Yield/ Rate (1) Average Outstanding Balance Interest Average Yield/ Rate (1)Interest-earning assets: Loans (2)$3,873,884 $41,277 4.32% $3,707,263 $38,865 4.17% $3,471,367 $35,337 4.09%Mortgage-backed securities (3)1,116,281 2,959 1.08 1,139,755 3,224 1.13 955,024 5,622 2.37 Other securities (3)101,523 424 1.69 116,919 529 1.80 156,074 1,024 2.64 Federal Home Loan Bank of New York stock28,640 370 5.24 29,472 382 5.16 31,263 577 7.42 Northfield bank savings account review deposits in financial institutions133,208 37 0.11 211,970 45 0.08 70,225 172 0.99 Total interest-earning assets5,253,536 45,067 3.48 5,205,379 43,045 3.29 4,683,953 42,732 3.67 Non-interest-earning assets310,681 326,924 289,925 Total assets$5,564,217 $5,532,303 $4,973,878 Interest-bearing liabilities: Savings, NOW, and money market accounts$2,768,816 $932 0.14% $2,734,973 $1,251 0.18% $2,002,066 $4,073 0.82%Certificates of deposit611,267 938 0.62 618,785 1,584 1.02 1,114,043 5,206 1.88 Total interest-bearing deposits3,380,083 1,870 0.22 3,353,758 2,835 0.34 3,116,109 northfield bank savings account review 1.20 Borrowed funds591,993 3,021 2.07 610,182 3,173 2.07 679,476 3,520 2.08 Total interest-bearing liabilities3,972,076 4,891 0.50 3,963,940 6,008 0.60 3,795,585 12,799 1.36 Non-interest bearing deposits739,064 713,478 382,044 Accrued expenses and other liabilities98,261 94,373 93,129 Total liabilities4,809,401 4,771,791 4,270,758 Stockholders' equity754,816 760,512 703,120 Total liabilities and stockholders' equity$5,564,217 $5,532,303 $4,973,878 Www pge com pay my bill interest income $40,176 $37,037 $29,933 Net interest rate spread (4) 2.98% 2.69% 2.31%Net interest-earning assets (5)$1,281,460 $1,241,439 $888,368 Net interest margin (6) 3.10% 2.83% 2.57%Average interest-earning assets to interest-bearing liabilities 132.26% 131.32% 123.41% (1) Average yields and rates are annualized.(2) Includes non-accruing loans.(3) Securities available-for-sale and other securities are reported at amortized cost.(4) Net interest rate spread represents the difference between the weighted average yield on interest-earning assets and the weighted average cost of interest-bearing liabilities.(5) Net interest-earning assets represent total interest-earning assets less total interest-bearing liabilities.(6) Net interest margin represents net interest income divided by average total interest-earning assets. Company Contact:William R. JacobsChief Financial OfficerTel: (732) 499-7200 ext. 2519

Источник: https://finance.yahoo.com/quote/NFBK/press-releases/

Northfield Bank Platinum Savings Review: 0.85% APY (Nationwide)

Available for residents nationwide, Northfield Bank is offering a Platinum Savings Account with 0.85% APY.

Continue reading below to learn everything you need to know about Northfield Bank.

Table of Contents

About Northfield Bank Platinum Savings Review

Northfield Bank is a full service community bank located in NY and NJ. They strive each day to uphold northfield bank savings account review mission to be the financial institution of choice to individuals and businesses by delivering innovative financial products and exceptional customer service.

They provide a full range of financial solutions for both retail and commercial customers, including lending, cash management, digital banking, deposit, and investment solutions. Even though this is a physical bank with branch locations, you can still open a savings account online and is available nationwide.

I’ll review Northfield Bank Platinum Savings Account below.

Note: Want to earn big bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Bank or CIT Bank.

Northfield Bank Platinum Savings 0.85% Rate

Discover Savings Bonus


To earn Northfield Bank’s competitive rate, simply meet all the requirements. Once you qualify, you will start earning the 0.85% rate.

  • Account Type: Platinum Savings Account
  • Interest Rate: 0.85% APY
  • Minimum Balance: $0.01
  • Maximum Balance: $225,000
  • Availability: Nationwide (Branch Locator)
  • Credit Inquiry: Hard Pull
  • Opening Deposit: $10
  • Credit Card Funding: Unknown
  • Monthly Fee: $8 monthly fee can be waived with a daily balance of $2,500
  • Early Termination Fee: None listed

(FDIC Insured)

*Best Hub Bank Account- Very Important Account If You Chase Bank Rate*

American Express® High Yield Savings Account - You earn 0.40% interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why:

*No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account.
*1 to 2 business days ACH transfers speed -  With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two.
*No loss of interest during transfers - On the day you initiate your transaction on the high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest.

Some other features from American Express High Yield Savings Account include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month.

Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend.
PROMOTIONAL LINKOFFERREVIEW
Discover Bank Online Savings $200 Bonus + 0.40% APY
Review
Aspiration1.00% APY + $150 CashReview
Axos Bank High Yield SavingsUp to 0.61% APYReview
Quontic Bank High Yield Savings0.55% APYReview
CIT Bank Money Market0.45% APYReview
American Express High Yield Savings0.40% APYReview

Northfield Bank ACH Capabilities and Limits

ACH TypeSpeedDaily $ LimitMonthly $ LimitNotes
Push???
Pull? ??

Editor’s Note: Help us with the table above in the comment section if you have experience with ACH capabilities.

How to Earn Northfield Bank Rates

  1. Open a Platinum Savings Account from Northfield Bankwith an opening deposit of $0.01.
  2. Start earning the 0.85% APY rate with just the opening deposit.
Balance RequirementAPY Rate
$0.01 to $99,999.990.85% APY
$100,000 to $224,999.990.85% APY
$225,000+0.85% APY

Why You Should Sign Up For This Account

Bottom Line

Check out this offer from Northfield Bank and open a Platinum Savings Account online to earn a 0.85% APY rate today! The great thing about this rate is that it earns the generous APY with no minimum balance! However, once your balance reaches $250,000, you will no longer earn the high rate.

For more bank offers, see the complete list of Best Bank Rates!

Check back often to see the latest info on Northfield Bank Platinum Savings Account.

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Filed under: Bank Rates

Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

About Anthony Nguyen

Anthony Nguyen, founder of HustlerMoneyBlog.com, has a passion for finding the best deals, bank promotions, credit card offers, cash back, points & miles, and everything in between. Contact Anthony for media/advertising.

Источник: https://www.hustlermoneyblog.com/northfield-bank-platinum-savings-review/

Northfield Bank Platinum Savings Account: 0.85% APY [Nationwide]

Available to residents nationwide, Earn a 0.85% APY on your funds for opening a new Northfield Bank Platinum Savings Account account.

Below is all the information you need to earn 0.85% APY Rate on your funds when you open a Northfield Bank Platinum Savings Account!

In addition to the current rate from Northfield Bank, you can also take advantage of a range of great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA or CIT Bank.

Table of Contents

Northfield Bank Platinum Savings

Here is your opportunity to earn an interest rate of 0.85% APY on your funds. Open a new account and get started today!

  • Rate Offer: 0.85% APY Rate
  • Availability: Nationwide (Bank Locator)
  • Credit Inquiry: Hard Pull
  • Credit Funding: None listed
  • Opening Deposit Requirement: $0.01
  • Monthly Service Fee: $8 monthly fee, see below how to waive
  • Early Termination Fees: None listed

Application Link

Northfield Bank Platinum Savings Account: Consider opening an account to receive an interest rate of 0.85% APY Rate on your funds. Apply today!

Account Rates

Balance RequirementAPY Rate
$0.01 to $99,999.990.85% APY
$100,000 to $224,999.990.85% APY
$225,000+0.85% APY

Northfield Bank Account Benefits

  • Minimum of $0.01 to open a Platinum Savings Account
  • Member of FDIC so your money is always safe
  • Monthly fee can be easily waived with a $2,500 daily balance

Author’s Verdict

It’s a good account but what draws me away is the hard pull. There are definitely better accounts with a higher rate for a “high yield” account. If you know of any account similar to this or better, please let us know by commenting below!

Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank rates!

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Disclosure: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Filed under: Bank Savings Rates

About Anthony Nguyen

Anthony Nguyen, founder of BankDealGuy.com, has a passion for finding the best bank deals and bank rates. With over 10 years of experience, he is dedicated to bring you the latest bank promotions! Contact Anthony for media/advertising.

Источник: https://www.bankdealguy.com/northfield-bank-platinum-savings-account/

Safe and Secure Local Community Bank Serving Franklin County and Hampshire County, Massachusetts

CLICK HERE to login to your PPP Loan Portal

Beginning MONDAY, NOV 8 - customers and staff, regardless of vaccination status, will be required to wear masks while inside HAMPSHIRE COUNTY GCB locations. Thank you for your cooperation!

learn about home equity loans


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We carefully reinvest your deposits locally, enabling families and businesses to thrive. We bank of america account for international students support local charities at a higher level than most larger banks. All combined deposits are fully insured at Greenfield Cooperative Bank and our Northampton Cooperative Bank division. You'll find convenient locations in Amherst, Florence, Greenfield, Northampton, Northfield, Shelburne Falls, South Hadley, Sunderland, and Turners Falls. Get fast local decisions on mortgage and home equity loans. Our commercial loan team is ready to serve local businesses. We offer among the best rates on CDs, IRAs and Money Market Accounts. Free on-line and mobile banking, Advantage Rewards Points debit cards and more.

Источник: https://www.greenfieldcoopbank.com/

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2 Replies to “Northfield bank savings account review”

  1. there was an option to get the funds faster for sales that aren't returnable (if you were invoicing someone for fixing their computer for example)

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