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

NewBank is headquartered in Flushing and is the 101st largest bank in the state of New York. It is also the 2,293rd largest bank in the nation. It was established in 2006 and as of September of 2016, it had grown to 40 employees at 4 locations. NewBank has an A health rating.

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Health
A

Health Grade Components

Overall
FDIC Certificate #58203
Year Established2006
Employees40
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.07%
Return on Equity - YTD16.4%
Annual Interest Income$8.7MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$284.2MM$253.6MM
LoansQ3 2016vs Q3 2015$185.1MM$172.6MM
DepositsQ3 2016vs Q3 2015$238.2MM$212.2MM
Equity CapitalQ3 2016vs Q3 2015$36.7MM$32.1MM
Loan Loss AllowanceQ3 2016vs Q3 2015$2.1MM$2.0MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$3.1MM$1.6MM
Real Estate OwnedQ3 2016vs Q3 2015$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