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

NewBank is headquartered in Flushing and is the 85th largest bank in the state of New York. It is also the 1,681st largest bank in the nation. It was established in 2006 and as of December of 2018, it had grown to 46 employees at 5 locations. NewBank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #58203
Year Established2006
Employees46
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.73%
Return on Equity - YTD13.82%
Annual Interest Income$18.5MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$418.1MM$348.6MM
LoansQ4 2018vs Q4 2017$248.2MM$211.8MM
DepositsQ4 2018vs Q4 2017$361.4MM$297.1MM
Equity CapitalQ4 2018vs Q4 2017$48.0MM$44.3MM
Loan Loss AllowanceQ4 2018vs Q4 2017$2.9MM$2.6MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$1.9MM$2.0MM
Real Estate OwnedQ4 2018vs Q4 2017$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
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

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