Shinhan Bank America

Established in 1990

About Shinhan Bank America

Shinhan Bank America was established on 1990. The bank's headquarters are located at 475 Park Ave S in New York, New York. It has 5 branches.

Shinhan Bank America is an FDIC insured bank with FDIC number 33188 managing assets to the value of $1,766,807 as of 12/31/2020.

Shinhan Bank America has a Texas ratio of 0.84%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

0.84%
Texas Ratio
FDIC Certificate #

33188

Active Insured Since #

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $1,766,807
Equity Capital $217,185
Total Deposits $1,538,649
Total Liabilities $1,549,622
Total Securities $55,879
Net Loans And Leases $1,494,092
Loan Loss Allowance $10,707
Total Loans And Leases $1,507,129
YTD (as of 12/31/2020)
Return On Assets 0.10%
Return On Equity 0.84%
Total Interest Income $63,514
Total Interest Expense $12,252
Total Non Interest Income $4,057
Total Non Interest Expense $49,921

Headquarters

475 Park Ave S 10016, New York

Shinhan Bank America branches near me

224.90 miles
220.50 miles
220.48 miles
230.60 miles
228.87 miles

Total Loans and Leases Statistics

Total Loans and Leases $1,507,129 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Shinhan Bank America Mortgage Loans Profile

Classic Bank

64.80%

Application Approval Rate

Classic Bank

$461,983

Average Mortgage Loan Amount

Classic Bank

179

Number of Loan Applications

Classic Bank

$227,181

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Queens

Number of Loan Applications
37
Average Loan Amount
$484,091
Approval Rate
59.46%
Average Income of Approved Loans’ Applicants
$150,182

2 Richmond

Number of Loan Applications
15
Average Loan Amount
$399,000
Approval Rate
66.67%
Average Income of Approved Loans’ Applicants
$101,400

3 Kings

Number of Loan Applications
15
Average Loan Amount
$773,182
Approval Rate
73.33%
Average Income of Approved Loans’ Applicants
$161,000

4 Gwinnett

Number of Loan Applications
15
Average Loan Amount
$277,222
Approval Rate
60.00%
Average Income of Approved Loans’ Applicants
$86,429

5 Nassau

Number of Loan Applications
11
Average Loan Amount
$400,714
Approval Rate
63.64%
Average Income of Approved Loans’ Applicants
$141,429

6 Orange

Number of Loan Applications
10
Average Loan Amount
$422,143
Approval Rate
70.00%
Average Income of Approved Loans’ Applicants
$181,833

Top States by Number of Mortgage Loan Applications

1 New York

Number of Loan Applications
93
Average Loan Amount
$524,831
Approval Rate
63.44%
Average Income of Approved Loans’ Applicants
$171,088

2 Georgia

Number of Loan Applications
32
Average Loan Amount
$236,429
Approval Rate
65.62%
Average Income of Approved Loans’ Applicants
$140,118

3 California

Number of Loan Applications
22
Average Loan Amount
$585,625
Approval Rate
72.73%
Average Income of Approved Loans’ Applicants
$242,714

4 New Jersey

Number of Loan Applications
20
Average Loan Amount
$388,000
Approval Rate
50.00%
Average Income of Approved Loans’ Applicants
$174,250

5 Texas

Number of Loan Applications
10
Average Loan Amount
$361,250
Approval Rate
80.00%
Average Income of Approved Loans’ Applicants
$788,625

6 Connecticut

Number of Loan Applications
1
Average Loan Amount
$1,365,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$619,000