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

NewBank is headquartered in Flushing and is the 94th largest bank in the state of New York. It is also the 2,015th largest bank in the nation. It was established in 2006 and as of September of 2017, it had grown to 41 employees at 5 locations. NewBank has an A+ health rating.

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Health Grade Components

FDIC Certificate #58203
Year Established2006
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.3%
Return on Equity - YTD17.91%
Annual Interest Income$10.6MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$334.4MM$284.2MM
LoansQ3 2017vs Q3 2016$217.5MM$185.1MM
DepositsQ3 2017vs Q3 2016$280.5MM$238.2MM
Equity CapitalQ3 2017vs Q3 2016$43.1MM$36.7MM
Loan Loss AllowanceQ3 2017vs Q3 2016$2.1MM$2.1MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$1.8MM$3.1MM
Real Estate OwnedQ3 2017vs Q3 2016$0$0

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NewBank Locations
1475 Bergen Blvd Plaza West Branch1475 Bergen BlvdFort Lee, NJ 07024
Closter Branch189 Homans AvenueCloster, NJ 07624
Fort Lee Branch475 Park AvenueFort Lee, NJ 07024
Newbank146-01 Northern BoulevardFlushing, NY 11354
25 West 32nd Street Branch25 West 32nd StreetNew York, NY 10001