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NewBank
NewBank
RSSD ID 3472859 | CERTIFICATE 58203 | ABA NUMBER 26014216 |
14601 Northern Blvd |
Quarter Ended : |
2025-03-31 |
Flushing, New York, 11354 |
Updated : |
2025-04-30 |
www.newbankusa.com |
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Institution Profile |
Year Opened : |
2006 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
6 |
Number of Employees : |
62 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 620,890 |
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Total Interest Income | 10,844 |
Total Liabilities | 537,647 |
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Total NonInterest Income | 894 |
Total Bank Equity Capital | 83,243 |
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Total Interest Expense | 4,391 |
Total Deposits | 525,466 |
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Total NonInterest Expense | 4,252 |
Net Loans & Leases | 383,428 |
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Net Income | 1,777 |
Loan Loss Allowance | 5,257 |
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Net Charge Offs | 133 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 383,717 |
Total assets for the leverage ratio | 625,977 |
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Loans secured by real estate: | 313,454 |
Tier 1 Leverage Ratio | 13.23 |
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Commercial and industrial loans | 70,248 |
Off Balance Sheet Exposures (%) | 0.34 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 16 |
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