NewBank


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

NewBank is headquartered in FLUSHING and is the 66th largest bank in the state of New York. It is also the 1,442nd largest bank in the nation. It was established in 2006 and as of December of 2024, it had grown to 62 employees at 6 locations. NewBank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #58203
Year Established2006
Employees62
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.28%
Return on Equity - YTD10.77%
Annual Interest Income$49.5MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$659MM$645.1MM
LoansQ4 2024vs Q4 2023$376.1MM$374.1MM
DepositsQ4 2024vs Q4 2023$562.4MM$556.2MM
Equity CapitalQ4 2024vs Q4 2023$81.6MM$74.5MM
Loan Loss AllowanceQ4 2024vs Q4 2023$5MM$3.3MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$6MM$369K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

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Locations


NewBank Locations
Newbank14601 Northern BlvdFlushing, NY 11354
1475 Bergen Blvd Plaza West Branch1475 Bergen BlvdFort Lee, NJ 07024
Closter Branch189 Homans AvenueCloster, NJ 07624
25 West 32nd Street Branch25 West 32nd StreetNew York, NY 10001
Fort Lee Branch475 Park AvenueFort Lee, NJ 07024
Bayside Branch Office45-68 Frances Lewis Blvd.Bayside, NY 11361

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