Popular Bank
New York, New York, New York County
$15.0B in total assets, the 133rd largest of 4,309 US banks and 17th of 126 headquartered in New York.
- FDIC certificate
- 34967
- Established
- 1999
- Owned by
- Popular Inc
- Primary regulator
- FED
- Website
- www.popularbank.com
At a glance
Compared with 15 banks headquartered in New York with $10 billion to $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $15.0B | 20% | $17.4B | |
| Loans | $11.8B | 47% | $11.9B | |
| Deposits | $11.9B | 20% | $13.9B | |
| Return on assets | 0.83% | 33% | 0.96% | |
| Net interest margin | 3.20% | 67% | 2.51% | |
| Efficiency ratio | 55.1% | 11% | 63.7% | |
| Equity to assets | 14.37% | 89% | 9.55% | |
| Loans to deposits | 99% | 71% | 85% |
Growth
Total assets grew 8.1% a year over the last 5 years and 6.2% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 2015 | Doral Bank San Juan, PR | $5.9B |
| Jan 2005 | Kislak National Bank Miami Lakes, FL | $966M |
| Sep 2004 | Quaker City Bank Whittier, CA | $1.9B |
| Sep 2000 | Aurora National Bank Aurora, IL | $123M |
| Jan 2000 | Banco Popular, National Association (Texas) Harris County, TX, an affiliate under the same holding company | $186M |
| Mar 1999 | The Irving Bank Chicago, IL, an affiliate under the same holding company | $125M |
| Mar 1999 | Water Tower Bank Chicago, IL, an affiliate under the same holding company | $59M |
| Mar 1999 | The Bronson-Gore Bank in Prospect Heights Prospect Heights, IL, an affiliate under the same holding company | $92M |
| Jan 1999 | First State Bank of Southern California Santa Fe Springs, CA, an affiliate under the same holding company | $197M |
| Jan 1999 | Banco Popular, Illinois Melrose Park, IL, an affiliate under the same holding company | $1.1B |
| Jan 1999 | Banco Popular de Puerto Rico San Juan, PR, an affiliate under the same holding company | $18.5B |
| Jan 1999 | Banco Popular, National Association (California) City Of Commerce, CA, an affiliate under the same holding company | $221M |
| Jan 1999 | Banco Popular, National Association - Florida Sanford, FL, an affiliate under the same holding company | $214M |
| Jan 1999 | Banco Popular, National Association (New Jersey) Newark, NJ, an affiliate under the same holding company | $1.8B |
Where they operate
36 branches in 10 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| New York County, NY | $5.7B | 0.3% | 25 of 83 |
| Miami-dade County, FL | $3.8B | 1.8% | 16 of 58 |
| Kings County, NY | $1.0B | 1.5% | 11 of 41 |
| Bronx County, NY | $435M | 2.3% | 9 of 23 |
| Queens County, NY | $280M | 0.3% | 31 of 52 |
| Union County, NJ | $222M | 0.9% | 19 of 30 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 16 branches since 2016 (52 to 36, −30.8%). 2 opened, 0 acquired, 18 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 52 | |||
| 2016 | Opened AventuraClosed New York | 1 | 1 | 0 | 52 |
| 2017 | Closed New York City | 0 | 1 | −1 | 51 |
| 2020 | Closed New York | 0 | 1 | −1 | 50 |
| 2021 | Closed 11 in 2 states | 0 | 11 | −11 | 39 |
| 2023 | Opened Ft. Lauderdale | 1 | 0 | +1 | 40 |
| 2025 | Closed New York | 0 | 1 | −1 | 39 |
| 2026 through Q2 | Closed 3 in New York | 0 | 3 | −3 | 36 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 37% | 17% | |
| Multifamily | 17% | 13% | |
| 1-4 family residential | 12% | 7% | |
| Construction and land | 11% | 4% | |
| Business (C&I) | 3% | 30% | |
| Consumer | 1% | 3% | |
| Other | 19% | 27% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 52% | 76% | |
| Time deposits | 36% | 12% | |
| Noninterest-bearing | 12% | 12% |
Brokered deposits are 7.3% of deposits (peers 5.6%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.39% | 0.57% |
| Net charge-offs, annualized | 0.06% | 0.14% |
| Reserves to loans | 0.79% | 0.87% |
| Leverage ratio | 11.80% | 9.70% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in New York
Largest competitors in New York County, NY
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/popular