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

NewBank is headquartered in Flushing and is the 91st largest bank in the state of New York. It is also the 1,843rd largest bank in the nation. It was established in 2006 and as of September of 2018, it had grown to 46 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 - YTD1.85%
Return on Equity - YTD14.4%
Annual Interest Income$13.4MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$375.1MM$334.4MM
LoansQ3 2018vs Q3 2017$238.0MM$217.5MM
DepositsQ3 2018vs Q3 2017$320.8MM$280.5MM
Equity CapitalQ3 2018vs Q3 2017$46.7MM$43.1MM
Loan Loss AllowanceQ3 2018vs Q3 2017$2.6MM$2.1MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$2.8MM$1.8MM
Real Estate OwnedQ3 2018vs Q3 2017$472.00K$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

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