The lender reported a surprise fourth-quarter loss after building bigger provisions for potential loan defaults, primarily because of its CRE exposure. New York Community Bancorp's reported total assets of $116.3 billion and total deposits of $81.4 billion at the end of 2023. The lender's commercial loans – which include commercial real estate and acquisition as well as development and construction loans – were $13.35 billion, or nearly 16% of its total loans.
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