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Overview / Commentary
718-353-8100
146-01 Northern Boulevard
Flushing, NY 11354

NewBank is headquartered in Flushing and is the 103rd largest bank in the state of New York. It is also the 2,354th largest bank in the nation. It was established in 2006 and as of March of 2016, it had grown to 36 employees at 4 locations. NewBank has an A health rating.

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Health
A

Health Grade Components

Overall
FDIC Certificate #58203
Year Established2006
Employees36
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.62%
Return on Equity - YTD20.92%
Annual Interest Income$2.8MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$275.3MM$212.4MM
LoansQ1 2016vs Q1 2015$181.7MM$143.7MM
DepositsQ1 2016vs Q1 2015$230.0MM$171.5MM
Equity CapitalQ1 2016vs Q1 2015$34.2MM$28.5MM
Loan Loss AllowanceQ1 2016vs Q1 2015$2.0MM$1.8MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$2.7MM$1.1MM
Real Estate OwnedQ1 2016vs Q1 2015$0$0
Rates

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Locations


NewBank Locations
1475 Bergen Blvd Plaza West Branch1475 Bergen BlvdFort Lee, NJ 07024
Closter Branch189 Homans AvenueCloster, NJ 07624
Newbank146-01 Northern BoulevardFlushing, NY 11354
25 West 32nd Street Branch25 West 32nd StreetNew York, NY 10001