Pasadena, CA 91101 USA
cit.com
  • FDIC Certificate #: 58978
  • Reporting Date: 20170630
  • Total Assets: $41,181.08 M

CIT Bank’s REO Report

CIT Bank's bank owned homes total $50.10 M 0% from the previous quarter. CIT Bank foreclosures include $10.23 M commercial REO, $0 multifamily REO, $0 farmland and agricultrual REO, and $2.50 M in construction loan REOs. To get a CIT Bank foreclosures list you must contact an REO asset manager at the REO department. Use the button on the right to find workout officers, asset managers, and other contacts at CIT Bank BankProspector helps you easily find the special assets and REO department contacts or any other CIT Bank decision maker.

CIT Bank Portfolio Info

Subscribers have access to the portfolio info for CIT Bank and any other Banks in California.

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CIT Bank FDIC Call Report

All of the portfolio and financial information in our reports is pulled directly from FDIC. We take updates from the federal reporting database for all US banks.

CIT Bank REO

  • Residential REO $50.10 M
  • Commercial REO $10.23 M
  • Multifamily REO $0
  • Construction REO $2.50 M
  • Farm & Agricultural REO $0
  • Total REO Assets $62.83 M

CIT Bank's Note Sale Indicators

CIT Bank's Late and Non-Performing Loan Portfolios

Residential 1st Position Loans

  • Portfolio $5,555.40 M
  • 30-89 $255.27 M
  • 90+ $246.53 M
  • Nonaccrual $19.01 M
  • Charge-offs $865,000
  • NPLs to Loans 4.78%

  • Portfolio $3,399.23 M
  • 30-89 $249.47 M
  • 90+ $229.38 M
  • Nonaccrual $17.18 M

Residential Junior Position Loans

  • Portfolio $34.83 M
  • 30-89 $1.61 M
  • 90+ $552,000
  • Nonaccrual $44,000
  • Charge-offs $96,000
  • NPLs to Loans 1.71%

  • Portfolio $34.53 M
  • 30-89 $1.61 M
  • 90+ $552,000
  • Nonaccrual $44,000

HELOCs

  • Portfolio $1,101.40 M
  • 30-89 $5.77 M
  • 90+ $2.98 M
  • Nonaccrual $470,000
  • Charge-offs $457,000
  • NPLs to Loans 0.31%

  • Portfolio $603.19 M
  • 30-89 $5.77 M
  • 90+ $2.98 M
  • Nonaccrual $470,000

Commercial Real Estate Loans (Non Owner-Occupied)

  • Portfolio $3,026.43 M
  • 30-89 $9.62 M
  • 90+ $1,000
  • Nonaccrual $2.88 M
  • Charge-offs $3.99 M
  • NPLs to Loans 0.1%

Commercial Real Estate Loans (Owner-Occupied)

  • Portfolio $675.98 M
  • 30-89 $0
  • 90+ $2.57 M
  • Nonaccrual $0
  • Charge-offs $0
  • NPLs to Loans 0.38%

Multifamily and Apartment Loans

  • Portfolio $1,489.75 M
  • 30-89 $316,000
  • 90+ $535,000
  • Nonaccrual $703,000
  • Charge-offs $0
  • NPLs to Loans 0.08%

Residential Construction Loans

  • Portfolio $208.71 M
  • 30-89 $0
  • 90+ $0
  • Nonaccrual $0
  • Charge-offs $0
  • NPLs to Loans 0%

Commercial and Development Construction Loans

  • Portfolio $807.29 M
  • 30-89 $0
  • 90+ $293,000
  • Nonaccrual $0
  • Charge-offs $0
  • NPLs to Loans 0.04%

Consumer Credit Cards

  • Portfolio $339,000
  • 30-89 $3,000
  • 90+ $3,000
  • Nonaccrual $0
  • Charge-offs $5,000
  • NPLs to Loans 0.88%

Business Loans (C&I)

  • Portfolio $8,667.16 M
  • 30-89 $40.80 M
  • 90+ $2.13 M
  • Nonaccrual $152.16 M
  • Charge-offs $27.54 M
  • NPLs to Loans 1.78%