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 BankNewport
BankNewport
| RSSD ID 546003 | CERTIFICATE 18129 | ABA NUMBER 211574642 |
| 184 John Clarke Rd |
Quarter Ended : |
2025-03-31 |
| Middletown, Rhode Island, 2842 |
Updated : |
2025-04-30 |
| www.banknewport.com |
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| Institution Profile |
| Year Opened : |
1819 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
20 |
Number of Employees : |
325 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,853,155 |
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Total Interest Income | 36,589 |
| Total Liabilities | 2,573,063 |
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Total NonInterest Income | 1,499 |
| Total Bank Equity Capital | 280,092 |
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Total Interest Expense | 14,860 |
| Total Deposits | 2,229,614 |
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Total NonInterest Expense | 18,355 |
| Net Loans & Leases | 2,281,979 |
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Net Income | 2,837 |
| Loan Loss Allowance | 19,056 |
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Net Charge Offs | 260 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 326,463 |
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Total loans | 2,305,491 |
| Total assets for the leverage ratio | 2,858,861 |
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Loans secured by real estate: | 2,013,674 |
| Tier 1 Leverage Ratio | 10.75 |
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Commercial and industrial loans | 245,710 |
| Tier 1 Capital Ratio | 13.09 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.91 |
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Loans to individuals - Other | 35,107 |
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:· BankNewport
