Total interest income was $464.84m for the fourth quarter of 2011, compared to $480.79m for the same period a year ago.
Net interest income after provisions for loan losses was $267.54m, $276.09m in the prior year quarter.
The company generated operating earnings of $464.4m and cash earnings of $535.3m for the fourth quarter of 2011.
New York Community Bancorp president and CEO Joseph Ficalora said that notwithstanding the volatility of market interest rates, and the high level of unemployment, they originated more than $5 billion in loans, including $2.4 billion of loans for investment, while also improving the quality of their assets, recording solid earnings, and maintaining their capital strength.