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 1,422nd largest bank in the nation. It was established in 2006 and as of September of 2024, it had grown to 61 employees at 6 locations. NewBank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #58203
Year Established2006
Employees61
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.45%
Return on Equity - YTD12.34%
Annual Interest Income$37.6MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$668MM$645.2MM
LoansQ3 2024vs Q3 2023$386.5MM$347.8MM
DepositsQ3 2024vs Q3 2023$570.4MM$555.1MM
Equity CapitalQ3 2024vs Q3 2023$80.4MM$73.1MM
Loan Loss AllowanceQ3 2024vs Q3 2023$5.8MM$3.2MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$10.3MM$1.5MM
Real Estate OwnedQ3 2024vs Q3 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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