Free Writing Prospectus
Announces the Acquisition of
AmTrust Bank in an FDIC-assisted Transaction
New York Community Bancorp, Inc. has filed a registration statement (including a prospectus) and a prospectus supplement with the U.S. Securities and Exchange Commission
(the “SEC”) for the offering to which this communication relates.  Before you invest, you should read the prospectus in that registration statement, the prospectus supplement,
and the other documents New York Community Bancorp, Inc. has filed with the SEC for more complete information about New York Community Bancorp, Inc. and the offering. 
You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  Alternatively, the issuer, any underwriter or any dealer participating in the
offering will arrange to send you the prospectus and the prospectus supplement if you request it by calling Credit Suisse Securities (USA) LLC toll free at 1-800-221-1037.
December 7, 2009
Issuer Free Writing Prospectus
filed
pursuant to Rule 433
Registration No.333-152147

Page 2
Safe
Harbor
Provisions
of
the
Private
Securities
Litigation
Reform
Act
of
1995
Forward-looking Statements and Associated Risk
Factors
This presentation may include forward-looking statements within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).  
Forward-looking statements, which are based on certain assumptions, and describe our future plans, strategies, and expectations, are generally identified by use of the words
“believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,” “plan” or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or other similar expressions. Although
we believe that our plans, intentions and expectations as reflected in these forward-looking statements are reasonable, we can give no assurance that these plans, intentions or
expectations will be achieved or realized. Our ability to predict results or the actual effects of our plans and strategies are inherently uncertain. Actual results, performance or
achievements could differ materially from those contemplated, expressed or implied by, the forward-looking statements contained in this presentation. Important factors that could
cause actual results to differ materially from our forward-looking statements are set forth under the heading “Forward-Looking Statements and Associated Risk Factors” in our most
recent Annual Report on Form 10-K, and in other reports filed with the SEC. 
There are a number of factors, many of which are beyond our control, that could cause actual conditions, events, or results to differ significantly from those described in the forward-
looking statements. These factors include, but are not limited to: general economic conditions, either nationally or in some or all of the areas in which we and our customers conduct
our respective businesses; conditions in the securities markets and real estate markets or the banking industry; changes in interest rates, which may affect our net income, prepayment
penalty income, and other future cash flows, or the market value of our assets, including our investment securities; changes in deposit flows and wholesale borrowing facilities;
changes in the demand for deposit, loan, and investment products and other financial services in the markets we serve; changes in our credit ratings or in our ability to access the
capital markets; changes in our customer base or in the financial or operating performances of our customers’ businesses;• changes in real estate values, which could impact the
quality of the assets securing the loans in our portfolio; changes in the quality or composition of our loan or securities portfolios;  changes in competitive pressures among financial
institutions or from non-financial institutions; the ability to successfully integrate any assets, liabilities, customers, systems and management personnel we may acquire, including from
AmTrust Bank, into our operations and our ability to realize related revenue synergies and cost savings within expected time frames; our ability to retain key members of management;
our timely development of new lines of business and competitive products or services in a changing environment, and the acceptance of such products or services by our customers;
any interruption or breach of security resulting in failures or disruptions in customer account management, general ledger, deposit, loan or other systems; any interruption in customer
service due to circumstances beyond our control; potential exposure to unknown or contingent liabilities of companies we have acquired or target for acquisition, including from
AmTrust Bank; the outcome of pending or threatened litigation, or of other matters before regulatory agencies, whether currently existing or commencing in the future; environmental
conditions that exist or may exist on properties owned by, leased by or mortgaged to the Company; operational issues stemming from, and/or capital spending necessitated by, the
potential need to adapt to industry changes in information technology systems, on which we are highly dependent; changes in our estimates of future reserves based upon the periodic
review thereof under relevant regulatory and accounting requirements; changes in our capital management policies, including those regarding business combinations, dividends, and
share repurchases, among others; changes in legislation, regulation, policies, or administrative practices, whether by judicial, governmental, or legislative action, including, but not
limited to, those pertaining to banking, securities, taxation, rent regulation and housing, environmental protection, and insurance; and the ability to comply with such changes in a timely
manner; additional FDIC special assessments or required assessment prepayments; changes in accounting principles, policies, practices or guidelines; the ability to keep pace with,
and implement on a timely basis, technological changes; changes in the monetary and fiscal policies of the U.S. Government, including policies of the U.S. Department of Treasury
and the Board of Governors of the Federal Reserve System (“FRB”); war or terrorist activities; and other economic, competitive, governmental, regulatory and geopolitical factors
affecting our operations, pricing and services.
Additionally, the timing and occurrence or non-occurrence of events may be subject to circumstances beyond our control. 
It should be noted that we routinely evaluate opportunities to expand through acquisitions and frequently conduct due diligence activities in connection with such opportunities. As a
result, acquisition discussions and, in some cases, negotiations, may take place at any time, and acquisitions involving cash or our debt or equity securities may occur.
You should not place undue reliance on these forward-looking statements, which reflect our expectations only as of the date of this presentation. We do not assume any obligation to
revise or update forward looking statements except as may be required by law.

Page 3
New York Community Bancorp has purchased certain
assets and assumed certain liabilities of AmTrust Bank
from the FDIC.
Received $11 billion of assets and assumed $11 billion of total liabilities
•
Approximately $6 billion of performing single-family mortgages and consumer loans, cash of
approximately $4 billion, and securities of approximately $1 billion
•
Approximately $8 billion of deposits and $3 billion of wholesale
borrowings
No deposit premium
Excluded assets include all holding company assets, acquisition/development/land &
construction loans, non-performing loans, other owned and foreclosed assets (OREO), private-
label securities, and mortgage servicing rights
Loss-share agreement covers all acquired loans, reimburses 80% of losses up to $907 million
and 95% of losses beyond $907 million
Transaction is accretive to key financial metrics & capital ratios with targeted capital raise
FDIC
to
receive
equity
appreciation
instrument
for
25
million
units
of
NYB
paying
the
difference
between NYB’s
stock price and $12.33; expires 12/23/09
All regulatory approvals have been received and the transaction has closed
Acquired branches now operating as AmTrust Bank, a division of New York Community Bank
Note:
Acquired asset and liability figures as of 10/27/09 as provided by the FDIC and are subject to change.

Page 4
The acquisition of AmTrust Bank offers several benefits.
Accretive to EPS and tangible book value per share
Exceeds management’s thresholds for IRR and EPS accretion
Financially
attractive
Non-performing assets and higher-risk loan categories were retained by the FDIC
All acquired loans covered by loss-share agreement
Liquidity enhanced with ~45% of total acquired assets in cash and liquid securities
Enhances risk
profile
Asset strategy remains focused on core multi-family lending
Expands branch deposit franchise to support core asset strategy
Enhances
current platform
Capital raise expected to increase TCE ratio from 6.03% to over 6.25%
Capital raise expected to increase Tier 1 risk-based capital ratio from 11.58% to over 13.50%
Facilitates transition from wholesale funding to retail funding
Fortifies strong
balance sheet
Reduces loans-to-deposits ratio from 159% to approximately 130%
Material improvements to NIM and ROA
Improves
operating
metrics
Note:
Financial
metrics
and
pro
forma
capital
ratios
based
on
acquired
balance
sheet
as
of
10/27/09
as
provided
by
the
FDIC
and
company
estimates;
all
figures
are
subject
to
change.
Does
not
take
into
account
potential dilution attributable to equity appreciation instrument. 

Page 5
The transaction adds to our financial and operating
scale and geographic scope.
Increases branch network by 31% and extends footprint into Florida, Ohio, and Arizona
Cash proceeds from transaction will be used to pay down AmTrust wholesale borrowings
($ in billions)
Pro Forma
Percentage
NYB
AmTrust
NYB
Increase
States
NY, NJ
FL, OH, AZ
NY, NJ,      
FL, OH, AZ
Branches
212
66
278
+31%
Assets
$33
$11
$42
+28%
Loans
23
6
29
+26%
Deposits
14
8
22
+55%
Source:
SNL Financial. Company filings.
Note:
NYB
financial
information
as
of
9/30/09,
acquired
financial
information
as
of
10/27/09
as
provided
by
the
FDIC.
All
figures
are
subject
to
change.
(a)
AmTrust
balance sheet figures are prior to any purchase adjustments.
(b)
Balance after assumed pay down of borrowings using excess liquidity provided through transaction.
(b)
(a)

Page 6
Transaction establishes New York Community Bancorp
as a top 25 bank.
($ in billions)
Total
Rank
Company
Assets
1
Bank of America
$2,251
2
JPMorgan Chase & Co.
2,041
3
Citigroup
1,889
4
Wells Fargo
1,229
5
PNC Financial
271
6
U.S. Bancorp
265
7
Bank of New York Mellon
212
8
SunTrust
173
9
Capital One
169
10
BB&T
165
11
State Street
163
12
Regions Financial
140
13
Fifth Third
111
14
KeyCorp
97
15
Northern Trust
78
16
M&T Bank
69
17
Comerica
60
18
Hudson City
59
19
Marshall & Ilsley
59
20
Zions Bancorp
53
21
Huntington Bancshares
53
New York Community Bancorp (Pro Forma)
42
22
Popular
36
23
Synovus
35
24
New York Community Bancorp
33
25
First Horizon
26
26
BOK Financial
24
27
Associated Bancorp
23
28
People's United
21
29
Astoria Financial
21
30
First BanCorp.
20
($ in billions)
Total
Rank
Company
Deposits
1
Bank of America Corp.
$975
2
JPMorgan Chase & Co.
868
3
Citigroup Inc.
833
4
Wells Fargo & Co.
797
5
PNC Financial Services Group
184
6
U.S. Bancorp
170
7
Bank of New York Mellon Corp.
134
8
SunTrust Banks Inc.
119
9
BB&T Corp.
115
10
Capital One Financial Corp.
115
11
Regions Financial Corp.
95
12
State Street Corp.
92
13
Fifth Third Bancorp
79
14
KeyCorp
67
15
Northern Trust Corp.
55
16
M&T Bank Corp.
47
17
Zions Bancorp.
43
18
Marshall & Ilsley Corp.
42
19
Huntington Bancshares Inc.
40
20
Comerica Inc.
40
21
Synovus Financial Corp.
28
22
Popular Inc.
26
23
Hudson City Bancorp Inc.
23
New York Community Bancorp (Pro Forma)
22
24
Associated Banc-Corp
16
25
First Citizens BancShares Inc.
15
26
City National Corp.
15
27
BOK Financial Corp.
15
28
People's United Financial Inc.
15
29
New York Community Bancorp
14
30
First Horizon National Corp.
14
($ in millions)
Market
Rank
Company
Cap
1
JPMorgan Chase & Co.
$164,483
2
Bank of America Corporation
140,834
3
Wells Fargo & Company
126,309
4
Citigroup Inc.
92,828
5
U.S. Bancorp
44,942
6
Bank of New York Mellon Corporation
32,488
7
PNC Financial Services Group, Inc.
24,665
8
State Street Corporation
20,618
9
BB&T Corporation
18,297
10
Capital One Financial Corporation
17,061
11
Northern Trust Corporation
11,759
12
SunTrust Banks, Inc.
11,381
13
Fifth Third Bancorp
8,303
14
M&T Bank Corporation
7,492
15
Hudson City Bancorp, Inc.
6,971
16
Regions Financial Corporation
6,784
17
People's United Financial, Inc.
5,653
18
KeyCorp
5,412
New York Community Bancorp (Pro Forma)
5,157
19
New York Community Bancorp
4,417
20
Comerica Incorporated
4,274
21
TFS Financial Corporation (MHC)
3,685
22
Commerce Bancshares, Inc.
3,288
23
BOK Financial Corporation
3,179
24
First Horizon National Corporation
3,103
25
Marshall & Ilsley Corporation
3,027
26
Cullen/Frost Bankers, Inc.
2,898
27
Huntington Bancshares Incorporated
2,639
28
First Niagara Financial Group, Inc.
2,507
29
Washington Federal, Inc.
2,197
30
Bank of Hawaii Corporation
2,187
Source:
SNL
Financial.
Financial
information
as
of
9/30/09.
Market
data
as
of
12/4/09.
Pro
forma
market
cap
for
NYB
reflects
60
million
shares
issued
at
12/04/09
closing
price
of
$12.33
per
share.
Assets
Deposits
Market Cap

Page 7
($ in billions)
Total Deposits
w/ HAVN
w/ RCBK
w/ RSLN
w/ LICB
w/ PFSB,
Doral, & SYNF
w/ ABNY
Consistent with our previous acquisitions, AmTrust
contributes significantly to our deposit growth.
w/ AmTrust
Source:
Company filings.
Note:
Acquired AmTrust deposit figures as of 10/27/09 as provided by the FDIC and are subject to change.
$1.1
$3.3
$5.5
$5.3
$10.3
$10.4
$12.1
$12.6
$13.2
$14.4
$14.5
$22.5
12/31/99
12/31/00
12/31/01
12/31/02
12/31/03
12/31/04
12/31/05
12/31/06
12/31/07
12/31/08
9/30/09
Pro Forma

Page 8
New York Community Bancorp has a strong, long-
standing presence in the greater New York metropolitan
area.
BRANCH LOCATIONS (212)
COMMUNITY BANK
COMMERCIAL BANK
Queens County Savings Bank (34)
New York Commercial Bank (17)
Roslyn Savings Bank (56)
Atlantic Bank (18)
Richmond County Savings Bank (22)
Roosevelt Savings Bank (8)
New York Community Bank (4)
Garden State Community Bank (53)
Source: Company data as of 12/1/09. 

Page 9
($ in millions)
Source:  SNL Financial as of 6/30/09.
The expansion of our franchise has enabled us to compete
very effectively against the region’s money center banks.
3.0
1,228
9
Flushing Financial
9
430
13
19
11
44
23
17
48
29
89
Branches
QUEENS COUNTY, NY
Rank
Company
Deposits
Mkt. Share
1
JPMorgan
$8,088
19.6%
2
Citigroup
5,962
14.4
3
Capital One
4,696
11.4
4
Astoria Financial
3,103
7.5
5
HSBC
2,817
6.8
6
New York Community
2,610
6.3
7
Ridgewood Savings
1,636
4.0
8
Toronto-Dominion
1,448
3.5
10
Banco Santander
989
2.4
Total In Market
$41,339
2.7
1,477
5
Flushing Financial
9
490
2
21
25
48
37
28
60
57
99
Branches
NASSAU COUNTY, NY
Rank
Company
Deposits
Mkt. Share
1
JPMorgan
$11,208
20.6%
2
Citigroup
7,846
14.5
3
Capital One
6,382
11.8
4
Astoria Financial
5,396
9.9
5
New York Community
4,355
8.0
6
Bank of America
3,453
6.4
7
Toronto-Dominion
3,203
5.9
8
HSBC
2,029
3.7
10
Signature Bank
1,302
2.4
Total In Market
$54,303
6.5 
1,301 
25
Valley National
9
269
20
14
24
24
10
31
6
15
30
Branches
ESSEX COUNTY, NJ
Rank
Company
Deposits
Mkt. Share
1
Wells Fargo
$2,487 
12.5%
2
New York Community
2,356 
11.8 
3
Citigroup
1,842 
6.3 
4
Bank of America
1,394 
7.0 
5
Hudson City Bancorp
1,388 
7.0 
6
JPMorgan
1,343 
6.8 
7
PNC Financial
1,334 
6.7 
8
Investors Bancorp
1,306 
6.6 
10
Banco Santander
1,260 
6.3
Total In Market
$19,901 
4.3
1,504
21
Smithtown Bancorp
9
458
29
14
31
35
21
29
25
64
102
Branches
SUFFOLK COUNTY, NY
Rank
Company
Deposits
Mkt. Share
1
JPMorgan
$7,810
22.1%
2
Capital One
5,601
15.9
3
Astoria Financial
3,139
8.9
4
Citigroup
2,976
8.4
5
HSBC
2,538
7.2
6
Bank of America
2,335
6.6
7
New York Community
1,655
4.7
8
Toronto-Dominion
1,570
4.5
10
Suffolk Bancorp
1,432
4.1
Total In Market
$35,293
2.1
201
5
VSB Bancorp
9
106
4
3
5
5
11
6
22
17
19
Branches
RICHMOND COUNTY, NY
Rank
Company
Deposits
Mkt. Share
1
Banco Santander
$2,284
24.3%
2
JPMorgan
1,611
17.1
3
New York Community
1,468
15.6
4
Citigroup
1,097
11.7
5
Northfield Bancorp
832
8.8
6
Toronto-Dominion
609
6.5
7
Hudson City Bancorp
544
5.8
8
HSBC
273
2.9
10
Capital One
179
1.9
Total In Market
$9,404

Page 10
66 branches in three states,
including 25 in Florida, 29 in
northeastern Ohio, and 12 in
Arizona
Founded in Cleveland, Ohio in 1889
as Ohio Savings Bank
Acquired AmTrust Bank, F.S.B. in
Boca Raton, FL in 1995
Expanded its footprint into Arizona
in 2000
AmTrust Branch Map
Company Profile
OH
29 Branches
$3.5 billion deposits
#11 Rank
AZ
12 Branches
$1.3 billion deposits
#9 Rank
FL
25 Branches
$4.8 billion deposits
#13 Rank
Source:
SNL Financial as of 6/30/09.
The AmTrust franchise provides us with a strong
presence in new and attractive markets.

Page 11
AmTrust has a sizeable deposit franchise in affluent,
coastal Florida markets.
Branch Map
AmTrust Deposit Market Share
Source:
SNL Financial.  Data as of 6/30/09.
Note:
Additional Florida branches include 1 branch in Lee County with $30.8 million deposits, 1 branch in Saint Lucie County with $25.9 million deposits, and 1 branch in Collier County with $39.0 million deposits.
3.0 
1,177 
13 
Citigroup
9
509 
16 
3 
16 
39 
10 
39 
46 
62 
82 
Branches
PALM BEACH COUNTY
Rank
Company
Deposits
Mkt. Share
1
Wells Fargo
$8,992 
23.1%
2
Bank of America
5,838 
15.0 
3
PNC Financial
3,040 
7.8 
4
JPMorgan
2,396 
6.2 
5
AmTrust
2,215 
5.7 
6
SunTrust
2,015 
5.2 
7
BU Financial
1,890 
4.9 
8
Lydian Trust
1,237 
3.2 
10
BB&T
994 
2.6
Total In Market
$38,923 
2.9
2,225 
9 
HSBC
10
3.1
2,340 
13 
Caja
Madrid
9
667 
4 
49 
58 
13 
17 
31 
24 
72 
65 
Branches
MIAMI DADE COUNTY
Rank
Company
Deposits
Mkt. Share
1
Wells Fargo
$10,068 
13.1%
2
Bank of America
9,585 
12.5
3
Citigroup
6,309 
8.2
4
SunTrust
6,025 
7.8
5
Ocean Bankshares
3,794 
4.9
6
Mercantil
Servicios
3,684 
4.7
7
JPMorgan
3,452 
4.5
8
Regions
3,004 
3.9
26
AmTrust
572 
0.7 
Total In Market
$76,837 
3.1 
1,160 
29 
BB&T
9
485 
19 
14 
29 
33 
8 
23 
36 
78 
76 
Branches
BROWARD COUNTY
Rank
Company
Deposits
Mkt. Share
1
Bank of America
$9,236 
24.9%
2
Wells Fargo
6,975 
18.8 
3
SunTrust
2,599 
7.0 
4
BU
2,029 
5.5 
5
AmTrust
1,922 
5.2 
6
JPMorgan
1,770 
4.8 
7
BankAtlantic
1,760 
4.8 
8
Citigroup
1,423 
3.8 
10
Regions
978 
2.6 
Total In Market
$37,039 
2.7
4,044 
21
Ocean Bank
9
1,661
61
81
22
61
130
51
106
210
225
Branches
MIAMI–FORT LAUDERDALE MSA
Rank
Company
Deposits
Mkt. Share
1
Wells Fargo
$26,036 
17.0%
2
Bank of America
24,658 
16.1
3
SunTrust
10,638 
7.0
4
Citigroup
8,909 
5.8
5
JPMorgan
7,617 
5.0
6
BU Financial
5,841  
3.8
7
AmTrust
4,709 
3.1
8
Regions
4,431 
2.9
10
BB&T
4,015 
2.6
Total In Market
$152,800 
($ in millions)

Page 12
AmTrust
ranks among the top 10 depositories in the
growing Phoenix market.
Branch Map
AmTrust Deposit Market Share
Source:
SNL Financial.  Data as of 6/30/09.
2.2 
1,328 
12 
AmTrust
9
959 
9 
8 
25 
49 
9 
45 
126 
189 
214 
Branches
PHOENIX, AZ –
MSA
Rank
Company
Deposits
Mkt. Share
1
JPMorgan
$14,451 
24.3%
2
Wells Fargo
13,661 
23.0 
3
Bank of America
12,381 
20.9 
4
Marshall & Ilsley
2,233 
3.8 
5
Omaha Financial
1,741 
2.9 
6
BBVA
1,511 
2.5 
7
Zions
1,478 
2.5 
8
Marquette Financial
1,452 
2.5 
10
Northern Trust
804 
1.4 
Total In Market
$59,376 
($ in millions)

Page 13
AmTrust has an established platform with over 100 years
of operating history in Northeast Ohio.
Branch Map
AmTrust Deposit Market Share
Source:
SNL Financial.  Data as of 6/30/09.
3.0 
1,948 
42 
JPMorgan
9
703 
71 
59 
24 
62 
60 
69 
20 
70 
83 
Branches
CLEVELAND, OH
Rank
Company
Deposits
Mkt. Share
1
PNC
$20,129 
30.5%
2
KeyCorp
12,188 
18.5 
3
TFS Financial
5,718 
8.7 
4
RBS
5,151 
7.8 
5
Huntington
3,613 
5.5 
6
Fifth Third
3,391 
5.1 
7
AmTrust
2,923 
4.4 
8
FirstMerit
2,423 
3.7 
10
U.S. Bancorp
1,563 
2.4 
Total In Market
$66,028 
4.2 
473 
3 
TFS Financial
9
219 
19 
5 
20 
17 
17 
20 
21 
24 
35 
Branches
AKRON, OH
Rank
Company
Deposits
Mkt. Share
1
FirstMerit
$2,602 
23.1%
2
PNC
1,470 
13.0 
3
JPMorgan
1,286 
11.4 
4
KeyCorp
1,279 
11.3 
5
Huntington
843 
7.5 
6
Fifth Third
779 
6.9 
7
RBS
606 
5.4 
8
AmTrust
579 
5.1 
10
U.S. Bancorp
219 
1.9 
Total In Market
$11,289 
($ in millions)

Page 14
Borrowings
39%
Other
Liabilities
1%
Deposits
60%
Borrowings
49%
Other
Liabilities
1%
Deposits
50%
The transaction favorably impacts our funding mix.
Total liabilities:  $29 billion
Total liabilities:  $38 billion
NYB Current Liability Composition
Estimated Pro Forma Liability Composition
(a)
(a)
Pro forma liability composition shown after pay down of borrowings using excess liquidity provided in the transaction.  Acquired AmTrust balances included in pro forma liability composition are as of
10/27/09 as provided by the FDIC and are based on preliminary company estimates of purchase accounting marks.  All figures are subject to change.

Page 15
Covered
assets
19%
Other
2%
Multi-family
59%
Construction
2%
Consumer
0%
CRE
17%
1–4 Family
1%
Multi-family
71%
CRE
21%
Consumer
1%
Other
3%
Construction
3%
1–4 Family
1%
Our pro forma loan portfolio will consist primarily of 
multi-family loans and loans covered under the
loss-share agreement.
Total loans:  $23 billion
Total loans:  $28 billion
NYB
Current Loan Composition
Estimated Pro Forma Loan Composition
(a)
Acquired AmTrust figures included in pro forma loan composition are as of 10/27/09 as provided by the FDIC, are based on preliminary company estimates of purchase accounting marks, and are
subject to change.
(a)

Page 16
Capital raise will fortify our already strong capital ratios.
(a)
Pro forma capital ratios based on acquired balance sheet as of 10/27/09 as provided by the FDIC and company estimates of purchase accounting marks and asset risk weightings.  All figures are
subject to
change.
Does
not
take
into
account
potential
dilution
attributable
to
equity
appreciation
instrument.
Assumes
shares
issued
at
NYB’s
12/4/09
closing
price
of
$12.33
per
share.
($ in billions except per share data)
Expected Pro Forma for
NYB
Issuance of
9/30/09
60 Million Shares
Assets
Total Assets
$33
$42
Tangible Assets
30
39
Risk-Weighted Assets
21
22
Average Assets for Leverage Ratio
30
39
Capital
Tangible Common Equity
$1.8
$2.5
Tier 1 Capital
2.4
3.1
Total Capital
2.5
3.2
Capital Measures
Tangible Common Equity / Tangible Assets
6.0%
6.4%
Leverage Capital
7.9
7.8
Tier 1 Risk-Based Capital
11.6
13.7
Total Risk-Based Capital
12.1
14.2
Tangible Book Value / Share
$5.16
$6.08
(a)

Page 17
NYB’s
experienced management team has already
begun the integration process.
Senior management has communicated with all regional managers and branch managers
to welcome them into the NYCB
banking family
All 54 branches with Saturday hours opened as planned
Team of 45 senior business leaders have been on-site in Cleveland since closing to
ensure a seamless transition
NYB
has already begun oversight of all risk management, financial controls, IT systems,
and customer service functions
Expect to retain and convert all branches to “AmTrust Bank, a division of New York
Community Bank”
•
Strengthened capital base will build customer confidence
•
All deposit rates to be maintained to maturity
•
Expect minimal change in branch staffing

Page 18
Transaction Summary
Immediately accretive to operating EPS and tangible book value per share
Exceeds internal thresholds for IRR and EPS accretion
Loss-share agreement reduces overall credit risk of loan portfolio
Provides cost-effective deposits to fund loan growth and reduce the balance of
wholesale
funding
Offers upside in deposit growth with stability provided by the NYB
platform
Transaction is consistent with our acquisition strategy of maintaining acquired banks’
local identities
Sets stage for further growth through acquisitions

Page 19
For More Information

Page 20
Reconciliation of GAAP and non-GAAP capital
Although tangible common equity and tangible assets are not measures that are calculated in accordance with U.S. generally accepted
accounting principles
(“GAAP”),
our
management
uses
these
non-GAAP
measures
in
its
analysis
of
our
performance.
We
believe
that
these non-GAAP measures are important indications of our ability to grow both organically and through business combinations and, with
respect to tangible common equity, our ability to pay dividends and to engage in various capital management strategies.
We calculate
tangible
common
equity
by
subtracting
from
stockholders’
equity
the
sum
of
our
goodwill
and
core
deposit
intangibles
(“CDI”),
and calculate tangible assets by subtracting the same sum from our total assets.
Neither tangible common equity, tangible assets, nor the related
tangible capital measures should be considered in isolation or as a
substitute for
stockholders’
equity
or
any
other
capital
measure
prepared
in
accordance
with
GAAP.
Moreover,
the
manner
in
which
we
calculate these non-GAAP capital measures may differ from that of other companies reporting measures of capital with similar names.
NYB
Pro Forma
9/30/09
NYB
Total assets
$33
$42
Less: goodwill
(2)
(2)
Less: core deposit intangibles
(0)
(0)
Tangible assets
$30
$39
NYB
Pro Forma
9/30/09
NYB
Total stockholders' equity
$4.3
$5.1
Less: goodwill
(2.4)
(2.4)
Less: core deposit intangibles
(0.1)
(0.1)
Tangible common equity
$1.8
$2.5
The following
table
presents
a
reconciliation
of
our
tangible
common
equity
to
total
stockholders’
equity
(in
billions):
The following table presents a reconciliation of our tangible assets to total assets (in billions):