BankNewport is headquartered in MIDDLETOWN and is the 4th largest bank in the state of Rhode Island. It is also the 440th largest bank in the nation. It was established in 1819 and as of March of 2025, it had grown to 325 employees at 20 locations. BankNewport has an A health rating.
Overall | |
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FDIC Certificate # | 18129 |
Year Established | 1819 |
Employees | 325 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 0.4% |
Return on Equity - YTD | 4.11% |
Annual Interest Income | $36.6MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $2.85B$2.7B |
Loans | Q1 2025vs Q1 2024 | $2.28B$2.15B |
Deposits | Q1 2025vs Q1 2024 | $2.23B$2.18B |
Equity Capital | Q1 2025vs Q1 2024 | $280.1MM$258.8MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $19.1MM$14.4MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $19.4MM$12.8MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.05% | $100 | - | Statement Savings Account | |
0.05% | $100 | - | Business Statement Savings Account |