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Amalgamated Financial Corp. – ‘10-K’ for 12/31/21 – ‘EX-32.1’

On:  Friday, 3/11/22, at 8:56am ET   ·   For:  12/31/21   ·   Accession #:  1823608-22-44   ·   File #:  1-40136

Previous ‘10-K’:  ‘10-K’ on 3/15/21 for 12/31/20   ·   Next:  ‘10-K’ on 3/9/23 for 12/31/22   ·   Latest:  ‘10-K’ on 3/7/24 for 12/31/23   ·   8 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 3/11/22  Amalgamated Financial Corp.       10-K       12/31/21  116:19M

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.52M 
 2: EX-10.29    Material Contract                                   HTML     37K 
 3: EX-21.1     Subsidiaries List                                   HTML     35K 
 4: EX-23.1     Consent of Expert or Counsel                        HTML     31K 
 5: EX-23.2     Consent of Expert or Counsel                        HTML     31K 
 6: EX-31.1     Certification -- §302 - SOA'02                      HTML     35K 
 7: EX-31.2     Certification -- §302 - SOA'02                      HTML     35K 
 8: EX-32.1     Certification -- §906 - SOA'02                      HTML     33K 
14: R1          Cover Page                                          HTML     97K 
15: R2          Audit Information                                   HTML     37K 
16: R3          Consolidated Statements of Financial Condition      HTML    151K 
17: R4          Consolidated Statements of Financial Condition      HTML     52K 
                (Parenthetical)                                                  
18: R5          Consolidated Statements of Income                   HTML    135K 
19: R6          Consolidated Statements of Comprehensive Income     HTML     77K 
20: R7          Consolidated Statements of Changes in               HTML     90K 
                Stockholders? Equity                                             
21: R8          Consolidated Statements of Changes in               HTML     33K 
                Stockholders? Equity (Parenthetical)                             
22: R9          Consolidated Statements of Cash Flows               HTML    188K 
23: R10         Consolidated Statements of Cash Flows               HTML     35K 
                (Parenthetical)                                                  
24: R11         Summary of Significant Accounting Policies          HTML     75K 
25: R12         Recent Accounting Pronouncements                    HTML     46K 
26: R13         Accumulated Other Comprehensive Income (Loss)       HTML    113K 
27: R14         Investment Securities                               HTML    262K 
28: R15         Loans Receivable, Net                               HTML    462K 
29: R16         Premises and Equipment                              HTML     43K 
30: R17         Deposits                                            HTML     61K 
31: R18         Borrowed Funds                                      HTML     37K 
32: R19         Regulatory Capital                                  HTML     90K 
33: R20         Income Taxes                                        HTML    105K 
34: R21         Earnings Per Share                                  HTML     58K 
35: R22         Employee Benefit Plans                              HTML    130K 
36: R23         Fair Value of Financial Instruments                 HTML    195K 
37: R24         Commitments, Contingencies and Off Balance Sheet    HTML     46K 
                Risk                                                             
38: R25         Leases                                              HTML     51K 
39: R26         Goodwill and Intangible Assets                      HTML     41K 
40: R27         Variable Interest Entities                          HTML     45K 
41: R28         Parent Company Only Condensed Financial             HTML     66K 
                Information                                                      
42: R29         Subsequent Event                                    HTML     34K 
43: R30         Summary of Significant Accounting Policies          HTML    133K 
                (Policies)                                                       
44: R31         Accumulated Other Comprehensive Income (Loss)       HTML    116K 
                (Tables)                                                         
45: R32         Investment Securities (Tables)                      HTML    369K 
46: R33         Loans Receivable, Net (Tables)                      HTML    467K 
47: R34         Premises and Equipment (Tables)                     HTML     42K 
48: R35         Deposits (Tables)                                   HTML     62K 
49: R36         Regulatory Capital (Tables)                         HTML     86K 
50: R37         Income Taxes (Tables)                               HTML    104K 
51: R38         Earnings Per Share (Tables)                         HTML     57K 
52: R39         Employee Benefit Plans (Tables)                     HTML    161K 
53: R40         Fair Value of Financial Instruments (Tables)        HTML    187K 
54: R41         Commitments, Contingencies and Off Balance Sheet    HTML     41K 
                Risk (Tables)                                                    
55: R42         Leases (Tables)                                     HTML     51K 
56: R43         Goodwill and Intangible Assets (Tables)             HTML     39K 
57: R44         Variable Interest Entities (Tables)                 HTML     47K 
58: R45         Parent Company Only Condensed Financial             HTML     79K 
                Information (Tables)                                             
59: R46         Summary of Significant Accounting Policies          HTML     59K 
                (Details)                                                        
60: R47         Accumulated Other Comprehensive Income (LOSS) -     HTML     61K 
                Schedule of Other Comprehensive Income (Loss)                    
                (Details)                                                        
61: R48         Accumulated Other Comprehensive Income (LOSS) -     HTML     62K 
                Schedule of Accumulated Other Comprehensive Income               
                (Loss) (Details)                                                 
62: R49         Accumulated Other Comprehensive Income (LOSS) -     HTML     65K 
                Reclassifications out of Accumulated Other                       
                Comprehensive Income (Loss) (Details)                            
63: R50         INVESTMENT SECURITIES - Amortized Cost and Fair     HTML    114K 
                Value of of AFS and HTM Securities (Details)                     
64: R51         INVESTMENT SECURITIES - Narrative (Details)         HTML     53K 
65: R52         INVESTMENT SECURITIES - AFS and HTM Securities by   HTML     99K 
                Contractual Maturity (Details)                                   
66: R53         INVESTMENT SECURITIES - Proceeds Received and       HTML     41K 
                Gains (Losses) Realized on Sale of Available for                 
                Sale Securities (Details)                                        
67: R54         INVESTMENT SECURITIES - Schedule of Unrealized      HTML    110K 
                Losses on Available for Sale and Held to Maturity                
                Securities (Details)                                             
68: R55         LOANS RECEIVABLE, NET - Schedule of Loans           HTML     71K 
                Receivable (Details)                                             
69: R56         LOANS RECEIVABLE, NET - Schedule of Quality of      HTML    103K 
                Bank's Loans (Details)                                           
70: R57         LOANS RECEIVABLE, NET - Narrative (Details)         HTML     36K 
71: R58         LOANS RECEIVABLE, NET - Schedule of Troubled Debt   HTML     62K 
                Restructurings (Details)                                         
72: R59         LOANS RECEIVABLE, NET - Schedule of Troubled Debt   HTML     56K 
                Restructurings Granted (Details)                                 
73: R60         LOANS RECEIVABLE, NET - Schedule of Loan Portfolio  HTML     89K 
                by Credit Quality Indicator (Details)                            
74: R61         LOANS RECEIVABLE, NET - Method of Evaluating        HTML     82K 
                Impairment of Loans and Allowance (Details)                      
75: R62         LOANS RECEIVABLE, NET - Schedule of Activity in     HTML     70K 
                Allowance by Portfolio (Details)                                 
76: R63         LOANS RECEIVABLE, NET - Schedule of Individually    HTML     86K 
                Impaired Loans and Allowances (Details)                          
77: R64         PREMISES AND EQUIPMENT - Schedule of Premises and   HTML     47K 
                Equipment (Details)                                              
78: R65         PREMISES AND EQUIPMENT - Narrative (Details)        HTML     38K 
79: R66         DEPOSITS - Schedule of Deposits (Details)           HTML     55K 
80: R67         DEPOSITS - Schedule of Maturities of Time Deposits  HTML     44K 
                (Details)                                                        
81: R68         DEPOSITS - Narrative (Details)                      HTML     39K 
82: R69         BORROWED FUNDS - Narrative (Details)                HTML     56K 
83: R70         Regulatory Capital (Details)                        HTML     97K 
84: R71         INCOME TAXES - Schedule of Components of Provision  HTML     55K 
                (Benefit) for Income Taxes (Details)                             
85: R72         INCOME TAXES - Reconciliation of Expected Income    HTML     71K 
                Tax Expense and Tax Rate (Details)                               
86: R73         INCOME TAXES - Narrative (Details)                  HTML     42K 
87: R74         INCOME TAXES - Schedule of Components of Net        HTML     65K 
                Deferred Tax Assets and Liabilities (Details)                    
88: R75         EARNINGS PER SHARE - Narrative (Details)            HTML     33K 
89: R76         EARNINGS PER SHARE - Schedule of Earnings Per       HTML     73K 
                Share (Details)                                                  
90: R77         EMPLOYEE BENEFIT PLANS - Narrative (Details)        HTML    138K 
91: R78         EMPLOYEE BENEFIT PLANS - Schedule of Employer       HTML     34K 
                Contributions (Details)                                          
92: R79         EMPLOYEE BENEFIT PLANS - Schedule of Changes in     HTML     63K 
                Benefit Obligations and Plan Assets (Details)                    
93: R80         EMPLOYEE BENEFIT PLANS - Amounts Recognized in      HTML     40K 
                Accumulated Other Comprehensive Income (Loss)                    
                (Details)                                                        
94: R81         EMPLOYEE BENEFIT PLANS - Schedule of Net Periodic   HTML     72K 
                Benefit Costs and Other Amounts Recognized in                    
                Other Comprehensive Income (Details)                             
95: R82         EMPLOYEE BENEFIT PLANS - Schedule of Assumptions    HTML     38K 
                Used to Measure Plans' Benefit Obligation and Net                
                Period Benefit Expense (Details)                                 
96: R83         EMPLOYEE BENEFIT PLANS - Stock Option Activity      HTML     70K 
                (Details)                                                        
97: R84         EMPLOYEE BENEFIT PLANS - Restricted Stock Units     HTML     56K 
                Activity (Details)                                               
98: R85         FAIR VALUE OF FINANCIAL INSTRUMENTS - Schedule of   HTML    114K 
                Fair Value of Assets Measured on Recurring Basis                 
                (Details)                                                        
99: R86         FAIR VALUE OF FINANCIAL INSTRUMENTS - Securities    HTML     55K 
                Measured on Non-Recurring Basis (Details)                        
100: R87         FAIR VALUE OF FINANCIAL INSTRUMENTS - Schedule of   HTML     92K  
                Basis and Estimated Fair Values of Financial                     
                Instruments (Details)                                            
101: R88         COMMITMENTS, CONTINGENCIES AND OFF BALANCE SHEET    HTML     39K  
                RISK - Schedule of Financial Instruments                         
                Outstanding Representing Credit Risk (Details)                   
102: R89         COMMITMENTS, CONTINGENCIES AND OFF BALANCE SHEET    HTML     42K  
                RISK - Narrative (Details)                                       
103: R90         LEASES - Lease Cost and Other Information           HTML     40K  
                (Details)                                                        
104: R91         LEASES - Remaining Commitments of Operating Lease   HTML     51K  
                Payments (Details)                                               
105: R92         GOODWILL AND INTANGIBLE ASSETS - Narrative          HTML     36K  
                (Details)                                                        
106: R93         GOODWILL AND INTANGIBLE ASSETS - Schedule of        HTML     47K  
                Estimated Amortization Expense (Details)                         
107: R94         Variable Interest Entities (Details)                HTML     44K  
108: R95         PARENT COMPANY ONLY CONDENSED FINANCIAL             HTML     73K  
                INFORMATION - Condensed Balance Sheet (Details)                  
109: R96         PARENT COMPANY ONLY CONDENSED FINANCIAL             HTML     70K  
                INFORMATION - Condensed Statements of Income and                 
                Comprehensive Income (Details)                                   
110: R97         PARENT COMPANY ONLY CONDENSED FINANCIAL             HTML     92K  
                INFORMATION - Condensed Statement of Cash Flows                  
                (Details)                                                        
111: R98         Subsequent Event (Details)                          HTML     34K  
114: XML         IDEA XML File -- Filing Summary                      XML    216K  
112: XML         XBRL Instance -- amal-20211231_htm                   XML   5.88M  
113: EXCEL       IDEA Workbook of Financial Reports                  XLSX    172K  
10: EX-101.CAL  XBRL Calculations -- amal-20211231_cal               XML    412K 
11: EX-101.DEF  XBRL Definitions -- amal-20211231_def                XML    893K 
12: EX-101.LAB  XBRL Labels -- amal-20211231_lab                     XML   2.44M 
13: EX-101.PRE  XBRL Presentations -- amal-20211231_pre              XML   1.59M 
 9: EX-101.SCH  XBRL Schema -- amal-20211231                         XSD    208K 
115: JSON        XBRL Instance as JSON Data -- MetaLinks              603±   931K  
116: ZIP         XBRL Zipped Folder -- 0001823608-22-000044-xbrl      Zip    645K  


‘EX-32.1’   —   Certification — §906 – SOA’02


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Exhibit 32.1
CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the Quarterly Report of Amalgamated Financial Corp. (the “Company”) on Form 10-Q for the period ended December 31, 2021 as filed with the U.S. Securities and Exchange Commission on the date hereof (the “Report”), the undersigned officers each certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 that, to his knowledge:
1.The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
Priscilla Brown
President and Chief Executive Officer
March 11, 2022
Jason Darby
Chief Financial Officer
March 11, 2022


Dates Referenced Herein

This ‘10-K’ Filing    Date    Other Filings
Filed on:3/11/22None on these Dates
For Period end:12/31/21
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/09/23  Amalgamated Financial Corp.       10-K       12/31/22  113:20M


7 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/08/21  Amalgamated Financial Corp.       8-K:1,2,7,911/04/21   15:1.3M                                   2ENGAGE/FA
 5/11/21  Amalgamated Financial Corp.       8-K:5,7,9   5/10/21   13:417K                                   2ENGAGE/FA
 5/05/21  Amalgamated Financial Corp.       10-Q        3/31/21   84:13M
 3/15/21  Amalgamated Financial Corp.       10-K       12/31/20  128:20M
 3/10/21  Amalgamated Financial Corp.       POS AM                 7:308K                                   Donnelley … Solutions/FA
 3/01/21  Amalgamated Financial Corp.       8-K12B:7,8, 3/01/21   10:316K                                   Donnelley … Solutions/FA
 9/08/20  Amalgamated Financial Corp.       S-4EF       9/28/20   35:13M                                    Donnelley … Solutions/FA
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Filing Submission 0001823608-22-000044   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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