the following are select highlights for 2018 : at december 31 , 2018 , the market value of assets under management and or administration at the private wealth management division of the bank was $ 5.8 billion , reflecting an increase of 5 percent from $ 5.5 billion at december 31 , 2017. fee income from the private wealth management division totaled $ 33.2 million for 2018 , growing from $ 23.2 million for 2017. loans at december 31 , 2018 totaled $ 3.93 billion . this reflected net growth of $ 227.4 million , or 6 percent , from $ 3.70 billion at december 31 , 2017. total c & i loans ( including equipment finance ) at december 31 , 2018 totaled $ 1.40 billion . this reflected net growth of $ 438.7 million , or 46 percent , from $ 958.3 million at december 31 , 2017. total “ customer ” deposits ( defined as deposits excluding brokered cds and brokered “ overnight ” interest-bearing demand deposits ) at december 31 , 2018 were $ 3.66 billion , reflecting an increase of $ 213.4 million , or 6 percent , when compared to $ 3.45 billion at december 31 , 2017. asset quality metrics continued to be strong at december 31 , 2018. nonperforming assets at december 31 , 2018 were $ 25.7 million , or 0.56 percent of total assets . total loans past due 30 through 89 days and still accruing were $ 1.10 million or 0.03 percent of total loans at december 31 , 2018. the company 's and bank 's capital ratios at december 31 , 2018 all increased compared to the december 31 , 2017 levels . critical accounting policies and estimates : management 's discussion and analysis of financial condition and results of operations is based upon the company 's consolidated financial statements , which have been prepared in accordance with u.s. generally accepted accounting principles . the preparation of these financial statements requires the company to make estimates and judgments that affect the reported amounts of assets , liabilities , revenues and expenses . note 1 to the company 's consolidated financial statements contains a summary of the company 's significant accounting policies . management believes that the company 's policy with respect to the methodology for the determination of the allowance for loan losses and the determination of other-than-temporary impairment of securities involves a higher degree of complexity and requires management to make difficult and subjective judgments , which often require assumptions or estimates about highly uncertain matters . changes in these judgments , assumptions or estimates could materially impact results of operations . this critical policy and its application are periodically reviewed with the audit committee and the board of directors . the provision for loan losses is based upon management 's evaluation of the adequacy of the allowance , including an assessment of known and inherent risks in the portfolio , giving consideration to the size and composition of the loan portfolio , actual loan loss experience , level of delinquencies , detailed analysis of individual loans for which full collectability may not be assured , the existence and estimated fair value of any underlying collateral and guarantees securing the loans , and current economic and market conditions . although management uses the best information available , the level of the allowance for loan losses remains an estimate , which is subject to significant judgment and change . various regulatory agencies , as an integral part of their examination process , periodically review the company 's allowance for loan losses . such agencies may require the company to make additional provisions for loan losses based upon information available to them at the time of their examination . furthermore , the majority of the company 's loans are secured by real estate in the state of new jersey and the new york city area . accordingly , the collectability of a substantial portion of the carrying value of the company 's loan portfolio is susceptible to changes in local market conditions and may experience adverse economic conditions . future adjustments to the provision for loan losses and allowance for loan losses may be necessary due to economic , operating , regulatory and other conditions beyond the company 's control . the company accounts for its securities in accordance with “ accounting for certain investments in debt and equity securities , ” which was codified into accounting standards codification ( “ asc ” ) 320. debt securities are classified as held to maturity and carried at amortized cost when management has the positive intent and ability to hold them to maturity . 24 debt securities are classified as available for sale when they might be sold before maturity due to changes in interest rates , prepayment risk , liquidity or other factors . securities available for sale are carried at fair value , with unrealized holding gains and losses reported in other comprehensive income , net of tax . at december 31 , 2018 and 2017 , all securities were classified as available for sale , with the exception of the company 's investment in the cra investment fund . the company adopted asu 2016-01 “ financial instruments ” which resulted in the reclassification of the cra investment from available for sale to equity securities . securities are evaluated on at least a quarterly basis to determine whether a decline in value is other-than-temporary . to determine whether a decline in value is other-than-temporary , management considers the reasons underlying the decline , the near-term prospects of the issuer , the extent and duration of the decline and whether the company intends to sell , or it is more likely than not that it will be required to sell , a security in an unrealized loss position before recovery of its amortized cost basis . story_separator_special_tag the carrying value of investment securities available for sale for the years ended december 31 , 2018 , 2017 and 2016 are shown below : replace_table_token_10_th the following table presents the contractual maturities and yields of debt securities available for sale , stated at fair value , as of december 31 , 2018 : replace_table_token_11_th ( 1 ) shown using stated final maturity ( 2 ) yields presented on a fully tax-equivalent basis . 33 federal funds sold and interest-earning deposits are an additional part of the company 's liquidity and interest rate risk management strategies . the combined average balance of these investments during 2018 was $ 103.2 million compared to $ 115.7 million in 2017. loans : the loan portfolio represents the largest portion of the company 's earning assets and is the primary source of interest and fee income . loans are primarily originated in new jersey and the boroughs of new york city and , to a lesser extent , pennsylvania and delaware . as of december 31 , 2018 , 36 percent of the total loan portfolio is concentrated in c & i loans ( including equipment financing ) , 29 percent in multifamily loans and 18 percent of the total loan portfolio is concentrated in commercial mortgages . total loans were $ 3.93 billion and $ 3.70 billion at december 31 , 2018 and 2017 , respectively , an increase of $ 223.5 million , or 6 percent , over the previous year . during 2018 , commercial mortgages increased $ 75.5 million due to a continued focus on this type of business . commercial loans , which includes equipment financing , totaled $ 1.40 billion at december 31 , 2018 , increasing $ 438.8 million , or 46 percent , from 2017. the increase in this portfolio was attributed to : the addition of seasoned bankers including an equipment finance team in 2017 ; a continued focus on client service and value-added aspects of the lending process ; and a continued focus on markets outside of the immediate branch service area , including markets around the teaneck and princeton , new jersey private banking offices . multifamily mortgage loans were $ 1.14 billion at december 31 , 2018 , a decrease of $ 253.2 million or 18 percent when compared to 2017 , through reduced origination levels and $ 131.3 million in loan sales in 2018. this was part of the company 's balance sheet management strategy to continue to reduce lower yielding , primarily fixed-rate multifamily loans as a percent of the overall loan portfolio with higher yielding , primarily floating rate of shorter duration c & i loans becoming a larger percentage of the overall loan portfolio . in late 2015 , the company began providing loans that are partially guaranteed by the small business administration ( “ sba ” ) , for the purposes of providing working capital and or , financing the purchase of equipment , inventory or commercial real estate and that could be used for start-up businesses . all sba loans are underwritten and documented as prescribed by the sba . the company will generally sell the guaranteed portion of the sba loans in the secondary market , with the non-guaranteed portion held in the loan portfolio . during 2018 , the bank sold $ 17.5 million of the guaranteed portion of sba loans into the secondary market . as of december 31 , 2018 , the balance of the non-guaranteed portion of sba loans held on our balance sheet totaled $ 12.0 million . the following table presents an analysis of outstanding loans by loan type , excluding multifamily loans held for sale , net of unamortized discounts and deferred loan origination costs , at the dates presented , replace_table_token_12_th the following table presents the contractual repayments of the loan portfolio , by loan type , at december 31 , 2018 : replace_table_token_13_th 34 the following table presents the loans , by loan type , that have a predetermined interest rate and an adjustable interest rate due after one year at december 31 , 2018 : replace_table_token_14_th the company has not made nor invested in subprime loans or “ alt-a ” type mortgages . at december 31 , 2018 , there were no commitments to lend additional funds to borrowers whose loans were classified as nonperforming . consistent with the company 's balance sheet management strategy , the company sold approximately $ 131.3 million of performing multifamily mortgages in 2018. the company sold approximately $ 66.1 million of performing multifamily mortgages and $ 43.9 million of residential mortgages in 2017. the geographic breakdown of the multifamily portfolio , net of participated multifamily loans , at december 31 , 2018 is as follows : replace_table_token_15_th a further breakdown of the multifamily portfolio by county within each respective state is as follows : replace_table_token_16_th principal types of owner occupied commercial real estate properties ( by call report code ) , included in commercial loans on the balance sheet , at december 31 , 2018 are : replace_table_token_17_th 35 principal types of non-owner occupied commercial real estate properties ( by call report code ) , at december 31 , 2018 are as follows . these loans are included in commercial mortgage loans and commercial loans on the company 's balance sheet . replace_table_token_18_th at december 31 , 2018 and 2017 , the bank had a concentration in commercial real estate loans as defined by applicable regulatory guidance . the following table presents such concentration levels at december 31 , 2018 and 2017 : replace_table_token_19_th the bank believes it addresses the key elements in the risk management framework laid out by its regulators for the effective management of cre concentration risks . goodwill : at december 31 , 2018 goodwill totaled $ 24.4 million , an increase of $ 7.3 million from $ 17.1 million at december 31 , 2017. the increase in goodwill is due to the acquisition of

liquidity : liquidity refers to an institution 's ability to meet short-term requirements including funding of loans , deposit withdrawals and maturing obligations , as well as long-term obligations , including potential capital expenditures . the company 's liquidity risk management is intended to ensure the company has adequate funding and liquidity to support its assets across a range of market environments and conditions , including stressed conditions . principal sources of liquidity include cash , temporary investments , securities available for sale , customer deposit inflows , loan repayments and secured borrowings . other liquidity sources include loan sales and loan participations . management actively monitors and manages the company 's liquidity position and believes it is sufficient to meet future needs . cash and cash equivalents , including federal funds sold and interest-earning deposits , totaled $ 160.8 million at december 31 , 2018. in addition , the company had $ 377.9 million in securities designated as available for sale at december 31 , 2018. these securities can be sold , or used as collateral for borrowings , in response to liquidity concerns . securities available for sale with a fair value of $ 337.1 million as of december 31 , 2018 were pledged to secure public funds and for other purposes required or permitted by law . however , only $ 11.8 million of that total is actually encumbered . in addition , the company generates significant liquidity from scheduled and unscheduled principal repayments of loans and mortgage-backed securities . a further source of liquidity is borrowing capacity . at december 31 , 2018 , unused secured borrowing commitments totaled $ 1.3 billion from the fhlb and $ 1.3 billion from the federal reserve bank of new york .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity : liquidity refers to an institution 's ability to meet short-term requirements including funding of loans , deposit withdrawals and maturing obligations , as well as long-term obligations , including potential capital expenditures . the company 's liquidity risk management is intended to ensure the company has adequate funding and liquidity to support its assets across a range of market environments and conditions , including stressed conditions . principal sources of liquidity include cash , temporary investments , securities available for sale , customer deposit inflows , loan repayments and secured borrowings . other liquidity sources include loan sales and loan participations . management actively monitors and manages the company 's liquidity position and believes it is sufficient to meet future needs . cash and cash equivalents , including federal funds sold and interest-earning deposits , totaled $ 160.8 million at december 31 , 2018. in addition , the company had $ 377.9 million in securities designated as available for sale at december 31 , 2018. these securities can be sold , or used as collateral for borrowings , in response to liquidity concerns . securities available for sale with a fair value of $ 337.1 million as of december 31 , 2018 were pledged to secure public funds and for other purposes required or permitted by law . however , only $ 11.8 million of that total is actually encumbered . in addition , the company generates significant liquidity from scheduled and unscheduled principal repayments of loans and mortgage-backed securities . a further source of liquidity is borrowing capacity . at december 31 , 2018 , unused secured borrowing commitments totaled $ 1.3 billion from the fhlb and $ 1.3 billion from the federal reserve bank of new york .
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 Suspicious Activity Report : the following are select highlights for 2018 : at december 31 , 2018 , the market value of assets under management and or administration at the private wealth management division of the bank was $ 5.8 billion , reflecting an increase of 5 percent from $ 5.5 billion at december 31 , 2017. fee income from the private wealth management division totaled $ 33.2 million for 2018 , growing from $ 23.2 million for 2017. loans at december 31 , 2018 totaled $ 3.93 billion . this reflected net growth of $ 227.4 million , or 6 percent , from $ 3.70 billion at december 31 , 2017. total c & i loans ( including equipment finance ) at december 31 , 2018 totaled $ 1.40 billion . this reflected net growth of $ 438.7 million , or 46 percent , from $ 958.3 million at december 31 , 2017. total “ customer ” deposits ( defined as deposits excluding brokered cds and brokered “ overnight ” interest-bearing demand deposits ) at december 31 , 2018 were $ 3.66 billion , reflecting an increase of $ 213.4 million , or 6 percent , when compared to $ 3.45 billion at december 31 , 2017. asset quality metrics continued to be strong at december 31 , 2018. nonperforming assets at december 31 , 2018 were $ 25.7 million , or 0.56 percent of total assets . total loans past due 30 through 89 days and still accruing were $ 1.10 million or 0.03 percent of total loans at december 31 , 2018. the company 's and bank 's capital ratios at december 31 , 2018 all increased compared to the december 31 , 2017 levels . critical accounting policies and estimates : management 's discussion and analysis of financial condition and results of operations is based upon the company 's consolidated financial statements , which have been prepared in accordance with u.s. generally accepted accounting principles . the preparation of these financial statements requires the company to make estimates and judgments that affect the reported amounts of assets , liabilities , revenues and expenses . note 1 to the company 's consolidated financial statements contains a summary of the company 's significant accounting policies . management believes that the company 's policy with respect to the methodology for the determination of the allowance for loan losses and the determination of other-than-temporary impairment of securities involves a higher degree of complexity and requires management to make difficult and subjective judgments , which often require assumptions or estimates about highly uncertain matters . changes in these judgments , assumptions or estimates could materially impact results of operations . this critical policy and its application are periodically reviewed with the audit committee and the board of directors . the provision for loan losses is based upon management 's evaluation of the adequacy of the allowance , including an assessment of known and inherent risks in the portfolio , giving consideration to the size and composition of the loan portfolio , actual loan loss experience , level of delinquencies , detailed analysis of individual loans for which full collectability may not be assured , the existence and estimated fair value of any underlying collateral and guarantees securing the loans , and current economic and market conditions . although management uses the best information available , the level of the allowance for loan losses remains an estimate , which is subject to significant judgment and change . various regulatory agencies , as an integral part of their examination process , periodically review the company 's allowance for loan losses . such agencies may require the company to make additional provisions for loan losses based upon information available to them at the time of their examination . furthermore , the majority of the company 's loans are secured by real estate in the state of new jersey and the new york city area . accordingly , the collectability of a substantial portion of the carrying value of the company 's loan portfolio is susceptible to changes in local market conditions and may experience adverse economic conditions . future adjustments to the provision for loan losses and allowance for loan losses may be necessary due to economic , operating , regulatory and other conditions beyond the company 's control . the company accounts for its securities in accordance with “ accounting for certain investments in debt and equity securities , ” which was codified into accounting standards codification ( “ asc ” ) 320. debt securities are classified as held to maturity and carried at amortized cost when management has the positive intent and ability to hold them to maturity . 24 debt securities are classified as available for sale when they might be sold before maturity due to changes in interest rates , prepayment risk , liquidity or other factors . securities available for sale are carried at fair value , with unrealized holding gains and losses reported in other comprehensive income , net of tax . at december 31 , 2018 and 2017 , all securities were classified as available for sale , with the exception of the company 's investment in the cra investment fund . the company adopted asu 2016-01 “ financial instruments ” which resulted in the reclassification of the cra investment from available for sale to equity securities . securities are evaluated on at least a quarterly basis to determine whether a decline in value is other-than-temporary . to determine whether a decline in value is other-than-temporary , management considers the reasons underlying the decline , the near-term prospects of the issuer , the extent and duration of the decline and whether the company intends to sell , or it is more likely than not that it will be required to sell , a security in an unrealized loss position before recovery of its amortized cost basis . story_separator_special_tag the carrying value of investment securities available for sale for the years ended december 31 , 2018 , 2017 and 2016 are shown below : replace_table_token_10_th the following table presents the contractual maturities and yields of debt securities available for sale , stated at fair value , as of december 31 , 2018 : replace_table_token_11_th ( 1 ) shown using stated final maturity ( 2 ) yields presented on a fully tax-equivalent basis . 33 federal funds sold and interest-earning deposits are an additional part of the company 's liquidity and interest rate risk management strategies . the combined average balance of these investments during 2018 was $ 103.2 million compared to $ 115.7 million in 2017. loans : the loan portfolio represents the largest portion of the company 's earning assets and is the primary source of interest and fee income . loans are primarily originated in new jersey and the boroughs of new york city and , to a lesser extent , pennsylvania and delaware . as of december 31 , 2018 , 36 percent of the total loan portfolio is concentrated in c & i loans ( including equipment financing ) , 29 percent in multifamily loans and 18 percent of the total loan portfolio is concentrated in commercial mortgages . total loans were $ 3.93 billion and $ 3.70 billion at december 31 , 2018 and 2017 , respectively , an increase of $ 223.5 million , or 6 percent , over the previous year . during 2018 , commercial mortgages increased $ 75.5 million due to a continued focus on this type of business . commercial loans , which includes equipment financing , totaled $ 1.40 billion at december 31 , 2018 , increasing $ 438.8 million , or 46 percent , from 2017. the increase in this portfolio was attributed to : the addition of seasoned bankers including an equipment finance team in 2017 ; a continued focus on client service and value-added aspects of the lending process ; and a continued focus on markets outside of the immediate branch service area , including markets around the teaneck and princeton , new jersey private banking offices . multifamily mortgage loans were $ 1.14 billion at december 31 , 2018 , a decrease of $ 253.2 million or 18 percent when compared to 2017 , through reduced origination levels and $ 131.3 million in loan sales in 2018. this was part of the company 's balance sheet management strategy to continue to reduce lower yielding , primarily fixed-rate multifamily loans as a percent of the overall loan portfolio with higher yielding , primarily floating rate of shorter duration c & i loans becoming a larger percentage of the overall loan portfolio . in late 2015 , the company began providing loans that are partially guaranteed by the small business administration ( “ sba ” ) , for the purposes of providing working capital and or , financing the purchase of equipment , inventory or commercial real estate and that could be used for start-up businesses . all sba loans are underwritten and documented as prescribed by the sba . the company will generally sell the guaranteed portion of the sba loans in the secondary market , with the non-guaranteed portion held in the loan portfolio . during 2018 , the bank sold $ 17.5 million of the guaranteed portion of sba loans into the secondary market . as of december 31 , 2018 , the balance of the non-guaranteed portion of sba loans held on our balance sheet totaled $ 12.0 million . the following table presents an analysis of outstanding loans by loan type , excluding multifamily loans held for sale , net of unamortized discounts and deferred loan origination costs , at the dates presented , replace_table_token_12_th the following table presents the contractual repayments of the loan portfolio , by loan type , at december 31 , 2018 : replace_table_token_13_th 34 the following table presents the loans , by loan type , that have a predetermined interest rate and an adjustable interest rate due after one year at december 31 , 2018 : replace_table_token_14_th the company has not made nor invested in subprime loans or “ alt-a ” type mortgages . at december 31 , 2018 , there were no commitments to lend additional funds to borrowers whose loans were classified as nonperforming . consistent with the company 's balance sheet management strategy , the company sold approximately $ 131.3 million of performing multifamily mortgages in 2018. the company sold approximately $ 66.1 million of performing multifamily mortgages and $ 43.9 million of residential mortgages in 2017. the geographic breakdown of the multifamily portfolio , net of participated multifamily loans , at december 31 , 2018 is as follows : replace_table_token_15_th a further breakdown of the multifamily portfolio by county within each respective state is as follows : replace_table_token_16_th principal types of owner occupied commercial real estate properties ( by call report code ) , included in commercial loans on the balance sheet , at december 31 , 2018 are : replace_table_token_17_th 35 principal types of non-owner occupied commercial real estate properties ( by call report code ) , at december 31 , 2018 are as follows . these loans are included in commercial mortgage loans and commercial loans on the company 's balance sheet . replace_table_token_18_th at december 31 , 2018 and 2017 , the bank had a concentration in commercial real estate loans as defined by applicable regulatory guidance . the following table presents such concentration levels at december 31 , 2018 and 2017 : replace_table_token_19_th the bank believes it addresses the key elements in the risk management framework laid out by its regulators for the effective management of cre concentration risks . goodwill : at december 31 , 2018 goodwill totaled $ 24.4 million , an increase of $ 7.3 million from $ 17.1 million at december 31 , 2017. the increase in goodwill is due to the acquisition of

