Pay vs Performance Disclosure

12 Months Ended

Dec. 31, 2025

USD ($)

Dec. 31, 2024

USD ($)

Dec. 31, 2023

USD ($)

Dec. 31, 2022

USD ($)

Dec. 31, 2021

USD ($)

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

									Value of Initial Fixed $100 Investment Based On:
	SCT Total for CEO1	CAP to CEO2	SCT Total for CEO1	CAP to CEO2	SCT Total for CEO1	CAP to CEO2	Average SCT Total for Other NEOs(1)	Average CAP to Other NEOs(2)	Total Shareholder Return	S&P U.S. BMI Bank Index(3)	Net (Loss) Income(4)	Diluted EPS(5)
Year	(Mr. Otting)	(Mr. Otting)	(Mr. DiNello)	(Mr. DiNello)	(Mr. Cangemi)	(Mr. Cangemi)	($)	($)	($)	($)	($ in millions)	($)
2025	7,655,500	21,835,871	—	—	—	—	2,265,968	4,241,245	49.02	211.47	(177)	(0.50)
2024	34,817,072	28,467,075	13,122,666	12,355,928	258,188	(8,096,879)	5,300,456	3,729,311	36.21	164.70	(1,118)	(3.49)
2023	—	—	—	—	4,837,091	6,324,186	1,918,769	2,473,292	117.22	123.02	(79)	(0.49)
2022	—	—	—	—	6,280,354	4,408,948	4,504,698	3,471,410	92.49	112.77	650	3.77
2021	—	—	—	—	8,652,305	9,452,320	2,653,231	2,993,324	122.62	135.97	596	1.20

Company Selected Measure Name

Diluted EPS

Named Executive Officers, Footnote

Joseph Otting, Alessandro DiNello, and Thomas R. Cangemi were CEO in 2024. Thomas R. Cangemi was the CEO for 2023, 2022 and 2021. The Non-CEO

NEOs for 2025 are Lee Smith, Bao Nguyen, Kris Gagnon, and George Buchanan. The Non-CEO NEOs for 2024 were Bao Nguyen, Craig Gifford, John J.

Pinto, Lee Smith, Reginald Davis, and Richard Raffetto. The Non-CEO NEOs for 2023 were John J. Pinto, John T. Adams, Lee Smith, and Reginald Davis.

The Non-CEO NEOs for 2022 were Robert Wann, John J. Pinto, John T. Adams, Lee Smith, and Reginald Davis. The Non-CEO NEOs for 2021 were Robert

Wann, John J. Pinto, John T. Adams, and R. Patrick Quinn.

Peer Group Issuers, Footnote

The Peer Group TSR set forth in this table utilizes the S&P U.S. BMI Banks Index (assuming reinvestment of all dividends), which we also utilize in the stock

performance graph required by Item 201(e) of Regulation S-K. The comparison assumes $100 was invested for the period starting December 31, 2020,

through the end of the listed year in the company and in the S&P U.S. BMI Banks Index, respectively, and assumes reinvestment of all dividends. Historical

stock performance is not necessarily indicative of future stock performance.

PEO Total Compensation Amount

$ 7,655,500

PEO Actually Paid Compensation Amount

$ 21,835,871

Adjustment To PEO Compensation, Footnote

The amounts reported in these columns represent the amount of Compensation Actually Paid to Joseph Otting and average amount of Compensation

Actually Paid to other NEOs as computed in accordance with Item 402(v) of Regulation S-K. The amounts do not reflect the actual amount of compensation

earned by or paid to Mr. Otting and the other NEO’s during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the

following adjustments were made to the SCT to determine the Compensation Actually Paid:

	CEO MR. OTTING	AVERAGE OF OTHER NEOS
ADJUSTMENTS	2025	2025
Total Compensation as reported in the Summary Compensation Table ("SCT")	$7,655,500	$2,265,968
Pension values as reported in SCT	—	—
Fair value of equity awards reported in SCT	(3,000,000)	(481,250)
Pension value attributable to current years’ service and any change in pension value attributable to plan amendments made in current year	—	—
Fair value of equity compensation granted in current year - value at year-end	3,184,653	505,964
Dividends paid on stock in the covered fiscal year prior the vesting date that are not otherwise included in the total compensation for the covered fiscal year	—	—
Change in fair value from end of prior fiscal year to end of current fiscal year for awards made in prior fiscal years that were unvested at end of current fiscal year	13,995,718	1,874,388
Change in fair value from end of prior fiscal year to vesting date for awards made in prior fiscal years that vested during current fiscal year	—	76,175
Fair value of Awards granted and vested in current fiscal year	—	—
Fair value of awards forfeited in current fiscal year determined at the end of prior fiscal year	—	—
Forfeited dividends	—	—
Compensation Actually Paid	$21,835,871	$4,241,245

Non-PEO NEO Average Total Compensation Amount

$ 2,265,968

$ 5,300,456

$ 1,918,769

$ 4,504,698

$ 2,653,231

Non-PEO NEO Average Compensation Actually Paid Amount

$ 4,241,245

3,729,311

2,473,292

3,471,410

2,993,324

Adjustment to Non-PEO NEO Compensation Footnote

The amounts reported in these columns represent the amount of Compensation Actually Paid to Joseph Otting and average amount of Compensation

Actually Paid to other NEOs as computed in accordance with Item 402(v) of Regulation S-K. The amounts do not reflect the actual amount of compensation

earned by or paid to Mr. Otting and the other NEO’s during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the

following adjustments were made to the SCT to determine the Compensation Actually Paid:

	CEO MR. OTTING	AVERAGE OF OTHER NEOS
ADJUSTMENTS	2025	2025
Total Compensation as reported in the Summary Compensation Table ("SCT")	$7,655,500	$2,265,968
Pension values as reported in SCT	—	—
Fair value of equity awards reported in SCT	(3,000,000)	(481,250)
Pension value attributable to current years’ service and any change in pension value attributable to plan amendments made in current year	—	—
Fair value of equity compensation granted in current year - value at year-end	3,184,653	505,964
Dividends paid on stock in the covered fiscal year prior the vesting date that are not otherwise included in the total compensation for the covered fiscal year	—	—
Change in fair value from end of prior fiscal year to end of current fiscal year for awards made in prior fiscal years that were unvested at end of current fiscal year	13,995,718	1,874,388
Change in fair value from end of prior fiscal year to vesting date for awards made in prior fiscal years that vested during current fiscal year	—	76,175
Fair value of Awards granted and vested in current fiscal year	—	—
Fair value of awards forfeited in current fiscal year determined at the end of prior fiscal year	—	—
Forfeited dividends	—	—
Compensation Actually Paid	$21,835,871	$4,241,245

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid compared to TSR:

Compensation Actually Paid vs. Net Income

Compensation Actually Paid compared to Net (Loss) Income:

Compensation Actually Paid vs. Company Selected Measure

Compensation Actually Paid compared to Diluted EPS:

Tabular List, Table

The metrics that the Bank uses for short- and long-term incentive plans are selected to drive the creation of shareholder value through

positive business results. The most important financial performance measures used by the Bank to link Compensation Actually Paid to

NEOs to the Bank’s performance for the most recently completed fiscal year are:

•Total Shareholder Return;

•Net (Loss) Income; and

•Diluted Earnings Per Share.

Total Shareholder Return Amount

$ 49.02

36.21

117.22

92.49

122.62

Peer Group Total Shareholder Return Amount

211.47

164.70

123.02

112.77

135.97

Net Income (Loss)

$ (177,000,000)

$ (1,118,000,000)

$ (79,000,000)

$ 650,000,000

$ 596,000,000

Company Selected Measure Amount

(0.50)

(3.49)

(0.49)

3.77

1.20

Additional 402(v) Disclosure

2025 Net (loss) income as reported on the Bank’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025.Diluted EPS amount for 2021 has not been adjusted to reflect the impact of the one-for-three reverse stock split announced on June 27, 2024, that was effective July 11, 2024.

Measure:: 1

Pay vs Performance Disclosure

Name

Diluted Earnings Per Share.

Measure:: 2

Pay vs Performance Disclosure

Name

Total Shareholder Return;

Measure:: 3

Pay vs Performance Disclosure

Name

Net (Loss) Income; and

Mr. Otting [Member]

Pay vs Performance Disclosure

PEO Total Compensation Amount

$ 7,655,500

$ 34,817,072

PEO Actually Paid Compensation Amount

$ 21,835,871

$ 28,467,075

PEO Name

Joseph Otting

Joseph Otting

Mr. Dinello [Member]

Pay vs Performance Disclosure

PEO Total Compensation Amount

$ 13,122,666

PEO Actually Paid Compensation Amount

$ 12,355,928

PEO Name

Alessandro DiNello

Mr. Cangemi [Member]

Pay vs Performance Disclosure

PEO Total Compensation Amount

$ 258,188

$ 4,837,091

$ 6,280,354

$ 8,652,305

PEO Actually Paid Compensation Amount

$ (8,096,879)

$ 6,324,186

$ 4,408,948

$ 9,452,320

PEO Name

Thomas R. Cangemi

Thomas R. Cangemi

Thomas R. Cangemi

PEO

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 0

PEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

PEO | Pension Adjustments Service Cost

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(3,000,000)

PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

3,184,653

PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

13,995,718

PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

PEO | Year-End Fair Value Of Equity Awards Forfeited In Covered Year [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

Non-PEO NEO

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

Non-PEO NEO | Pension Adjustments Service Cost

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(481,250)

Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

505,964

Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,874,388

Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

76,175

Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

Non-PEO NEO | Year-End Fair Value Of Equity Awards Forfeited In Covered Year [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 0