LOANS HELD FOR INVESTMENT, NET (Tables)

12 Months Ended

Dec. 31, 2025


	December 31,
(In thousands)	2025			2024
Business loans⁽¹⁾	$	3,240,436		$	2,725,726
One-to-four family residential and coop/condo apartment		1,035,803			951,528
Multifamily residential and residential mixed-use		3,424,522			3,820,283
Non-owner-occupied commercial real estate		2,933,011			3,230,535
Acquisition, development, and construction ("ADC")		117,215			136,172
Other loans		6,558			5,084
Total		10,757,545			10,869,328
Fair value hedge basis point adjustments ⁽²⁾		663			2,615
Total loans, net of fair value hedge basis point adjustments		10,758,208			10,871,943
Allowance for credit losses		(97,372)			(88,751)
Loans held for investment, net	$	10,660,836		$	10,783,192

(1)	Business loans include C&I loans, owner-occupied commercial real estate loans and PPP loans.

(2)	The loan portfolio included a fair value hedge basis point adjustment to the carrying amount of hedged owner-occupied commercial real estate in business loans, one-to-four family residential mortgage loans, multifamily residential mortgage loans and non-owner-occupied commercial real estate loans.

Schedule of activity in allowance for loan losses


			One-to-Four		Multifamily
			Family		Residential		Non-Owner
			Residential and		and		Occupied
	Business		Coop/Condo		Residential		Commercial				Other
(In thousands)	Loans		Apartment		Mixed-Use		Real Estate		ADC		Loans		Total
Beginning balance as of January 1, 2023		47,029		5,969		8,360		20,153		1,723		273		83,507
Provision (credit) for credit losses		3,273		858		(1,121)		(530)		266		129		2,875
Charge-offs		(15,364)		(14)		(2)		—		—		(300)		(15,680)
Recoveries		1,024		—		—		—		—		17		1,041
Ending balance as of December 31, 2023	$	35,962	$	6,813	$	7,237	$	19,623	$	1,989	$	119	$	71,743

Provision for credit losses		14,435		2,688		9,385		9,176		334		179		36,197
Charge-offs		(8,051)		—		(4,677)		(6,926)		—		(110)		(19,764)
Recoveries		552		—		1		3		—		19		575
Ending balance as of December 31, 2024	$	42,898	$	9,501	$	11,946	$	21,876	$	2,323	$	207	$	88,751

Provision (credit) for credit losses		13,563		577		2,175		24,722		(253)		157		40,941
Charge-offs		(7,706)		(44)		(69)		(25,468)		—		(76)		(33,363)
Recoveries		1,015		—		1		—		—		27		1,043
Ending balance as of December 31, 2025	$	49,770	$	10,034	$	14,053	$	21,130	$	2,070	$	315	$	97,372

Schedule of financing receivable, nonaccrual


	December 31, 2025
	Non-accrual with		Non-accrual with			Related
(In thousands)	No Allowance		Allowance			Allowance
Business loans	$	3,973	$	18,633		$	14,877
One-to-four family residential and coop/condo apartment		—		3,623			35
Non-owner-occupied commercial real estate		25,656		15			15
ADC		—		412			316
Total	$	29,629	$	22,683		$	15,243


	December 31, 2024
	Non-accrual with		Non-accrual with			Related
(In thousands)	No Allowance		Allowance			Allowance
Business loans	$	5,196	$	17,428		$	15,810
One-to-four family residential and coop/condo apartment		—		3,213			31
Non-owner-occupied commercial real estate		16,456		6,504			432
ADC		—		657			287
Other loans		—		25			25
Total	$	21,652	$	27,827		$	16,585

Schedule of past due financing receivables

December 31, 2025

Loans 90

Days or

Total

30 to 59

60 to 89

More Past Due

Past Due

Days

and Still

and

Total

(In thousands)

 

Past Due

Accruing Interest

Non-accrual

Current

Loans

Business loans

4,617

2,075

—

22,606

29,298

3,211,138

3,240,436

One-to-four family residential and coop/condo apartment

7,943

389

—

3,623

11,955

1,023,848

1,035,803

Multifamily residential and residential mixed-use

3,667

27,608

—

31,275

3,393,247

3,424,522

Non-owner-occupied commercial real estate

12,597

—

25,671

38,268

2,894,743

2,933,011

ADC

—

412

116,803

117,215

Other loans

—

6,558

Total

28,824

30,072

—

52,312

111,208

10,646,337

10,757,545


		December 31, 2024
						Loans 90
						Days or				Total
		30 to 59		60 to 89		More Past Due				Past Due
		Days		Days		and Still				and				Total
(In thousands)		Past Due		Past Due		Accruing Interest		Non-accrual		Non-accrual		Current		Loans
Business loans		$	3,385	$	2,441	$	—	$	22,624	$	28,450	$	2,697,276	$	2,725,726
One-to-four family residential and coop/condo apartment			1,919		1,271		—		3,213		6,403		945,125		951,528
Multifamily residential and residential mixed-use			3,759		27,601		—		—		31,360		3,788,923		3,820,283
Non-owner-occupied commercial real estate			1,265		—		—		22,960		24,225		3,206,310		3,230,535
ADC			—		—		—		657		657		135,515		136,172
Other loans			2		—		—		25		27		5,057		5,084
Total		$	10,330	$	31,313	$	—	$	49,479	$	91,122	$	10,778,206	$	10,869,328

Schedule of collateral dependent loans


	December 31,
	2025				2024
	Real Estate		Associated Allowance		Real Estate		Associated Allowance
(In thousands)	Collateral Dependent		for Credit Losses		Collateral Dependent		for Credit Losses
Business loans	$	11,039	$	3,507	$	9,290	$	1,408
Non-owner-occupied commercial real estate		25,671		15		22,944		416
ADC		412		316		657		287
Total	$	37,122	$	3,838	$	32,891	$	2,111

Schedule of Related Party Loans


	Year Ended December 31,
(In thousands)	2025		2024
Beginning balance	$	3,745	$	4,922
New loans		—		8
Effect of changes in composition of related parties		—		(1,146)
Repayments		(2,261)		(39)
Balance at end of period	$	1,484	$	3,745

Schedule of amortized cost basis of loans modified to borrowers

For the Year Ended December 31, 2025

Significant

Term

Payment

Term

Extension

Delay

Extension

% of

and

Total

Interest

Significant

Interest

Class of

Rate

Term

Payment

Rate

Financing

(Dollars in thousands)

 

Reduction

Extension

Delay

 

Reduction

Total

Receivable

Business loans

1,039

3,078

938

—

12,943

17,998

0.6

Multifamily residential and residential mixed-use

—

59,195

—

14,783

—

73,978

2.2

Non-owner-occupied commercial real estate

—

9,817

9,200

—

19,017

0.6

Total

1,039

12,895

69,333

—

14,783

12,943

110,993

1.0


				For the Year Ended December 31, 2024

											Significant
								Term			Payment		Term
								Extension			Delay		Extension				% of
								and			and		and				Total
		Interest				Significant		Significant			Interest		Interest				Class of
		Rate		Term		Payment		Payment			Rate		Rate				Financing
(Dollars in thousands)		Reduction		Extension		Delay		Delay			Reduction		Reduction		Total		Receivable
Business loans			—	$	19,668	$	182	$	187		$	27	$	—	$	20,064	0.7	%
One-to-four family residential and coop/condo apartment			—		—		—		—			—		896		896	0.1
Multifamily residential and residential mixed-use			—		—		34,087		—			—		—		34,087	0.9
Non-owner-occupied commercial real estate			—		—		31,102		—			—		—		31,102	1.0
Total		$	—	$	19,668	$	65,371	$	187		$	27	$	896	$	86,149	0.8	%

Schedule of financial effect of loans modified to borrowers


		For the Year Ended December 31, 2025
		Weighted Average		Weighted Average
		Interest Rate		Months of		Weighted Average
(Dollars in thousands)		Reductions		Term Extensions		Payment Delay
Business loans		1.27	%	85		$	115
Multifamily residential and residential mixed-use		0.90		—			329
Non-owner-occupied commercial real estate		—		10			848


		For the Year Ended December 31, 2024
		Weighted Average		Weighted Average
		Interest Rate		Months of		Weighted Average
(Dollars in thousands)		Reductions		Term Extensions		Payment Delay
Business loans		5.00	%	8		$	59
One-to-four family residential and coop/condo apartment		1.00		231			—
Multifamily residential and residential mixed-use		—		—			256
Non-owner-occupied commercial real estate		—		—			560

Schedule of performance of loans that have been modified

December 31, 2025

30-59

60-89

90+

(In thousands)

 

Current

Days Past Due

 

Non-Accrual

Total

Business loans

16,192

531

—

1,275

17,998

Multifamily residential and residential mixed-use

46,370

—

27,608

—

73,978

Non-owner-occupied commercial real estate

9,817

—

9,200

19,017

Total

72,379

531

27,608

—

10,475

110,993


		December 31, 2024
				30-59		60-89		90+
(In thousands)		Current		Days Past Due		Days Past Due		Days Past Due			Non-Accrual		Total
Business loans		$	19,668	$	129	$	—	$	—		$	267	$	20,064
One-to-four family residential and coop/condo apartment			—		—		—		—			896		896
Multifamily residential and residential mixed-use			6,486		—		27,601		—			—		34,087
Non-owner-occupied commercial real estate			31,102		—		—		—			—		31,102
Total		$	57,256	$	129	$	27,601	$	—		$	1,163	$	86,149

Schedule of Credit risk profile of the real estate loans


	December 31, 2025
(In thousands)	2025		2024		2023		2022		2021		2020 and Prior		Revolving		Revolving-Term		Total
Business loans
Pass	$	444,515	$	320,751	$	212,384	$	302,778	$	182,244	$	408,711	$	1,170,533	$	96,748	$	3,138,664
Special mention		—		107		265		2,856		15,143		20,428		7,822		2,457		49,078
Substandard		—		85		2,944		3,669		7,611		10,613		4,320		22,841		52,083
Doubtful		—		—		—		—		—		611		—		—		611
Total business loans		444,515		320,943		215,593		309,303		204,998		440,363		1,182,675		122,046		3,240,436
YTD Gross Charge-Offs		—		—		—		1,492		605		—		4,296		1,313		7,706

One-to-four family residential and coop/condo apartment
Pass		170,056		125,945		145,449		192,988		91,910		270,964		23,035		8,598		1,028,945
Special mention		—		—		263		—		—		28		—		—		291
Substandard		—		—		—		474		—		4,542		652		899		6,567
Doubtful		—		—		—		—		—		—		—		—		—
Total one-to-four family residential and coop/condo apartment		170,056		125,945		145,712		193,462		91,910		275,534		23,687		9,497		1,035,803
YTD Gross Charge-Offs		—		—		—		—		—		44		—		—		44

Multifamily residential and residential mixed-use:
Pass		54,958		21,186		229,634		1,127,686		536,029		1,211,361		4,748		4,705		3,190,307
Special mention		1,824		—		—		7,214		15,963		111,626		—		—		136,627
Substandard		—		—		—		20,821		3,069		73,698		—		—		97,588
Doubtful		—		—		—		—		—		—		—		—		—
Total multifamily residential and residential mixed-use		56,782		21,186		229,634		1,155,721		555,061		1,396,685		4,748		4,705		3,424,522
YTD Gross Charge-Offs		—		—		—		—		—		69		—		—		69

Non-owner-occupied commercial real estate
Pass		95,771		54,625		202,035		695,850		573,086		1,157,080		7,908		15,961		2,802,316
Special mention		—		—		—		—		637		92,057		—		—		92,694
Substandard		—		—		—		—		16,471		21,530		—		—		38,001
Doubtful		—		—		—		—		—		—		—		—		—
Total non-owner-occupied commercial real estate		95,771		54,625		202,035		695,850		590,194		1,270,667		7,908		15,961		2,933,011
YTD Gross Charge-Offs		—		—		—		—		—		23,644		1,824		—		25,468

ADC:
Pass		28,379		18,907		41,151		6,075		4,805		—		15,345		2,141		116,803
Special mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		412		412
Doubtful		—		—		—		—		—		—		—		—		—
Total ADC		28,379		18,907		41,151		6,075		4,805		—		15,345		2,553		117,215
YTD Gross Charge-Offs		—		—		—		—		—		—		—		—		—

Total:
Pass		793,679		541,414		830,653		2,325,377		1,388,074		3,048,116		1,221,569		128,153		10,277,035
Special mention		1,824		107		528		10,070		31,743		224,139		7,822		2,457		278,690
Substandard		—		85		2,944		24,964		27,151		110,383		4,972		24,152		194,651
Doubtful		—		—		—		—		—		611		—		—		611
Total Loans	$	795,503	$	541,606	$	834,125	$	2,360,411	$	1,446,968	$	3,383,249	$	1,234,363	$	154,762	$	10,750,987
YTD Gross Charge-Offs	$	—	$	—	$	—	$	1,492	$	605	$	23,757	$	6,120	$	1,313	$	33,287


	December 31, 2024
(In thousands)	2024		2023		2022		2021		2020		2019 and Prior		Revolving		Revolving-Term		Total
Business loans
Pass	$	400,607	$	232,017	$	327,174	$	201,799	$	164,834	$	348,388	$	828,287	$	67,238	$	2,570,344
Special mention		135		754		36,740		4,220		4,333		17,226		26,292		14,497		104,197
Substandard		—		398		1,985		2,482		3,944		11,298		—		30,467		50,574
Doubtful		—		—		—		—		—		611		—		—		611
Total business loans		400,742		233,169		365,899		208,501		173,111		377,523		854,579		112,202		2,725,726
YTD Gross Charge-Offs		—		—		158		166		267		586		89		6,785		8,051

One-to-four family residential and coop/condo apartment
Pass		134,804		159,300		202,706		98,491		63,093		247,952		26,724		8,364		941,434
Special mention		—		—		—		—		—		711		159		—		870
Substandard		—		—		—		—		984		7,326		—		914		9,224
Doubtful		—		—		—		—		—		—		—		—		—
Total one-to-four family residential and coop/condo apartment		134,804		159,300		202,706		98,491		64,077		255,989		26,883		9,278		951,528
YTD Gross Charge-Offs		—		—		—		—		—		—		—		—		—

Multifamily residential and residential mixed-use:
Pass		21,810		252,975		1,285,619		560,039		286,653		1,239,261		4,285		4,267		3,654,909
Special mention		—		—		1,202		12,369		14,172		73,778		—		—		101,521
Substandard		—		—		—		—		—		63,853		—		—		63,853
Doubtful		—		—		—		—		—		—		—		—		—
Total multifamily residential and residential mixed-use		21,810		252,975		1,286,821		572,408		300,825		1,376,892		4,285		4,267		3,820,283
YTD Gross Charge-Offs		400		—		—		—		1,292		2,985		—		—		4,677

Non-owner-occupied commercial real estate
Pass		57,280		215,279		724,041		601,508		408,361		1,020,137		11,937		8,966		3,047,509
Special mention		—		—		—		658		75,802		29,564		—		—		106,024
Substandard		—		—		—		16,471		34,236		26,295		—		—		77,002
Doubtful		—		—		—		—		—		—		—		—		—
Total non-owner-occupied commercial real estate		57,280		215,279		724,041		618,637		518,399		1,075,996		11,937		8,966		3,230,535
YTD Gross Charge-Offs		—		—		—		2,797		4,033		—		—		96		6,926

ADC:
Pass		16,154		34,169		25,950		4,810		—		2,468		24,868		12,122		120,541
Special mention		—		—		—		14,974		—		—		—		—		14,974
Substandard		—		—		—		—		—		—		—		657		657
Doubtful		—		—		—		—		—		—		—		—		—
Total ADC		16,154		34,169		25,950		19,784		—		2,468		24,868		12,779		136,172
YTD Gross Charge-Offs		—		—		—		—		—		—		—		—		—

Total:
Pass		630,655		893,740		2,565,490		1,466,647		922,941		2,858,206		896,101		100,957		10,334,737
Special mention		135		754		37,942		32,221		94,307		121,279		26,451		14,497		327,586
Substandard		—		398		1,985		18,953		39,164		108,772		—		32,038		201,310
Doubtful		—		—		—		—		—		611		—		—		611
Total Loans	$	630,790	$	894,892	$	2,605,417	$	1,517,821	$	1,056,412	$	3,088,868	$	922,552	$	147,492	$	10,864,244
YTD Gross Charge-Offs	$	400	$	—	$	158	$	2,963	$	5,592	$	3,571	$	89	$	6,881	$	19,654


	December 31,
(In thousands)	2025		2024
Performing	$	6,558	$	5,059
Non-accrual		—		25
Total	$	6,558	$	5,084

Dime Community Bancshares, Inc. /NY/ 10-K