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Overview / Commentary
718-353-8100
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 1,966th largest bank in the nation. It was established in 2006 and as of March of 2018, it had grown to 43 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
Employees43
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.91%
Return on Equity - YTD14.8%
Annual Interest Income$4.2MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$344.3MM$300.2MM
LoansQ1 2018vs Q1 2017$222.1MM$199.6MM
DepositsQ1 2018vs Q1 2017$292.1MM$248.7MM
Equity CapitalQ1 2018vs Q1 2017$45.3MM$39.4MM
Loan Loss AllowanceQ1 2018vs Q1 2017$2.7MM$1.9MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$2.0MM$1.8MM
Real Estate OwnedQ1 2018vs Q1 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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