Ponce Financial Group is the holding company for Ponce Bank, a community bank headquartered in the Bronx, New York. Ponce Bank is designated as both a Minority Depository Institution (MDI) and a Community Development Financial Institution (CDFI), reflecting its focus on serving immigrant and minority communities in the NYC metro area. The bank's core business is real estate lending — primarily originating mortgage loans secured by multifamily residential properties, commercial properties, and construction projects in the NYC metro area. Borrowers are primarily self-employed real estate investors and developers, many of whom are immigrants, using loans to build, acquire, or refinance income-producing properties. Real estate loans comprise nearly 98% of Ponce Bank's total gross loan portfolio of ~$2.6B, with the largest concentrations in construction and land loans (~33%), multifamily residential loans (~29%), and nonresidential commercial real estate (~20%). Ponce Bank funds its lending primarily through deposits (~$2.0B), supplemented by Federal Home Loan Bank advances. The bank earns a spread between loan yields and deposit costs, holding most loans on its balance sheet rather than selling them. Ponce Bank operates through 13 branches in the Bronx, Queens, Brooklyn, and Manhattan, plus mortgage offices in Queens and New Jersey. Growth is focused on expanding construction and multifamily lending, building its institutional deposit base, and managing its U.S. Treasury ECIP preferred stock, which carries a low dividend rate that steps down further as the bank increases lending to low-income borrowers.