NewBank


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

NewBank is headquartered in Flushing and is the 78th largest bank in the state of New York. It is also the 1,615th largest bank in the nation. It was established in 2006 and as of December of 2021, it had grown to 51 employees at 6 locations. NewBank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #58203
Year Established2006
Employees51
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.89%
Return on Equity - YTD17.64%
Annual Interest Income$16.6MM
Assets and Liabilities
AssetsQ4 2021vs Q4 2020$554.5MM$481.6MM
LoansQ4 2021vs Q4 2020$302.1MM$299.6MM
DepositsQ4 2021vs Q4 2020$479.8MM$418.3MM
Equity CapitalQ4 2021vs Q4 2020$60.7MM$51.7MM
Loan Loss AllowanceQ4 2021vs Q4 2020$3.9MM$3.8MM
Unbacked Noncurrent LoansQ4 2021vs Q4 2020$440.00K$296.00K
Real Estate OwnedQ4 2021vs Q4 2020$0$0
Rates

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Locations


NewBank Locations
Newbank146-01 Northern BoulevardFlushing, 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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