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

NewBank is headquartered in Flushing and is the 100th largest bank in the state of New York. It is also the 2,217th largest bank in the nation. It was established in 2006 and as of March of 2017, it had grown to 43 employees at 4 locations. NewBank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #58203
Year Established2006
Employees43
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.32%
Return on Equity - YTD17.89%
Annual Interest Income$3.3MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$300.2MM$275.3MM
LoansQ1 2017vs Q1 2016$199.6MM$181.7MM
DepositsQ1 2017vs Q1 2016$248.7MM$230.0MM
Equity CapitalQ1 2017vs Q1 2016$39.4MM$34.2MM
Loan Loss AllowanceQ1 2017vs Q1 2016$1.9MM$2.0MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$1.8MM$2.7MM
Real Estate OwnedQ1 2017vs Q1 2016$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
Newbank146-01 Northern BoulevardFlushing, NY 11354
25 West 32nd Street Branch25 West 32nd StreetNew York, NY 10001