BankNewport
BankRegReports is independent of BankNewport and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
BankNewport is an FDIC-insured commercial bank headquartered in Middletown, RI, established in 1819 (FDIC certificate 18129), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $3.07B, up 3.5% from Q2 2025, the 4th largest of 5 banks headquartered in Rhode Island. Its CET1 capital ratio was 12.70% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 18129
- Headquarters
- Middletown, RI
- Established
- 1819
- Total assets, Q2 2026
- $3.07B
- Assets vs Q2 2025
- +3.5%
- CET1 ratio, Q2 2026
- 12.70%
- Domestic offices
- 20 FDIC institution directory, current count
- Routing number
- 211574642
- Holding company
- OCEANPOINT FINANCIAL PARTNERS, MHC
- Asset rank in state
- 4th of 5 in Rhode Island
BankNewport spends more to run itself than most banks of its size. Based in Middletown, Rhode Island, it had $3.1 billion in assets at June 30, 2026, up 3.5% from a year earlier. It earns about $0.70 a year on every $100 of assets, about half the median of $1.29 for the 895 banks with $1 billion to $10 billion in assets. It also holds commercial real estate loans worth 2.9 times its capital, higher than about three-quarters of banks its size (median 2.2 times).
The commercial and industrial book ($275 million) is worsening: 3.95% of it is past due or on nonaccrual, up from 1.15% a year earlier. Delinquency has appeared in its $674 million non-owner-occupied commercial real estate book: 1.56% of those loans are past due or on nonaccrual, against almost none a year earlier. Its margin is thin by comparison: it keeps 3.27 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.71 cents).
As of June 30, 2026, BankNewport reported a CET1 capital ratio of 12.70%, a return on assets of 0.70%, a nonperforming-loan ratio of 0.95% and a Texas ratio of 7.21%. The figures come from its call report filed with the FFIEC.
BankNewport ranks as the 4th largest of the 5 banks based in Rhode Island, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets were flat, loans rose 0.1% and deposits fell 0.5%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 36.4% of total loans, ahead of non-owner-occupied commercial real estate loans at 27.1%. The FDIC Summary of Deposits lists 19 offices for it, in 16 cities in RI; its Middletown 2 offices book 31% of its branch deposits. By the capital ratios in its Q2 2026 call report, BankNewport meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 184 John Clarke Rd, Middletown, RI 02842
- County
- Newport
- Metro Area
- Providence-Warwick, RI-MA
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 1, Boston
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1819
- Former names
- Bank of Newport (1987-2005); The Savings Bank of Newport (1973-1987)
- Domestic offices
- 20 FDIC institution directory, current count
- Employees (FTE)
- 300
- Domestic deposits
- $2.45B
- Allowance for credit losses
- $23.7M
- Net charge-offs (YTD)
- $296K
- Average total assets
- $3.09B
- Average total loans
- $2.49B
- Average interest-bearing deposits
- $2.34B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 2, 1960
- FDIC Cert
- 18129
- Fed RSSD
- 546003
- Website
- www.banknewport.com →
- Parent Holding Company
- OCEANPOINT FINANCIAL PARTNERS, MHC (RSSD 3297481)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, BankNewport's total assets ranged from $2.63B (Q3 2023) to $3.07B (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$3.07B total assets against $2.96B; $2.76B total liabilities against $2.68B.
$2.47B net loans and leases against $2.33B; $2.45B total deposits against $2.32B.
$451.8M securities against $402.9M; $27.8M cash and balances due against $104.4M.
$39.9M total interest income against $37.8M; $15.5M total interest expense against $15.2M.
$24.4M net interest income against $22.5M.
$2.9M total noninterest income against $4.3M; $17.6M total noninterest expense against $18.8M.
$2.7M provision for credit losses against $1.7M.
$5.4M net income against $4.9M.
0.70% return on assets against 0.67%; 3.27% net interest margin against 3.18%.
12.70% CET1 capital ratio against 12.99%; 10.58% tier 1 leverage ratio against 10.65%.
Inside the full BankNewport terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
BankNewport rankings
Its closest position to the top of a national ranking is 411 of 4,196, for total assets; its furthest is 3,021 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.40% (Q1 2025) to 0.70% (Q2 2026) and its net interest margin ran from 3.11% (Q4 2024) to 3.27% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.70% | 0.70% | 0.95% | 7.21% | 3.27% |
| Q1 2026 | 12.76% | 0.53% | 0.74% | 5.60% | 3.17% |
| Q4 2025 | 13.39% | 0.59% | 0.58% | 4.20% | 3.26% |
| Q3 2025 | 13.20% | 0.64% | 0.93% | 6.94% | 3.26% |
| Q2 2025 | 12.99% | 0.67% | 0.81% | 6.18% | 3.18% |
| Q1 2025 | 13.09% | 0.40% | 0.84% | 6.51% | 3.16% |
| Q4 2024 | 12.95% | 0.44% | 0.80% | 6.33% | 3.11% |
| Q3 2024 | 13.17% | 0.60% | 0.24% | 1.82% | 3.18% |
Swipe the table sideways to see every column.
Branch Network
View all 19 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Middletown Branch | Middletown , RI | 02842 | $481.3M |
| BankNewport (main office) | Middletown , RI | 02842 | $283.1M |
| Portsmouth Branch | Portsmouth , RI | 02871 | $199.2M |
| Tiverton Branch | Tiverton , RI | 02878 | $151.9M |
| Jamestown Branch | Jamestown , RI | 02835 | $146.1M |
| Gooding Plaza Branch | Bristol , RI | 02809 | $143.6M |
| Stone Bridge Branch | Tiverton , RI | 02878 | $127.0M |
| Barrington Branch | Barrington , RI | 02806 | $110.1M |
| Narragansett Branch | Narragansett , RI | 02882 | $109.4M |
| East Greenwich Branch | East Greenwich , RI | 02818 | $108.3M |
| Dorrance St. Branch | Providence , RI | 02903 | $96.4M |
| Chapel View Branch | Cranston , RI | 02920 | $90.2M |
| North Kingstown Branch | North Kingstown , RI | 02852 | $88.2M |
| Warren Branch | Warren , RI | 02885 | $81.6M |
| Coventry Ri Branch | Coventry , RI | 02816 | $47.8M |
| Johnston Branch | Johnston , RI | 02919 | $47.6M |
| South Angell St. Branch | Providence , RI | 02906 | $45.5M |
| Lincoln Branch | Lincoln , RI | 02865 | $45.3M |
| Warwick Branch | Warwick , RI | 02886 | $42.4M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| June 1, 1987 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 1, 1987 | Structure Change | Acquired Newport County Trust Company Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- None against the institution on file; 1 against individuals associated with it
- Period: Most recent action November 21, 2019. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 5.4% of deposits in RI, rank 6 of 17 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 1,112 applications, 710 loans originated, $253.7M originated, across 5 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 67 loans, $4.2M approved, $62K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows BankNewport’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about BankNewport
What are BankNewport's total assets?
As of the Q2 2026 filing, BankNewport reported total assets of $3.07 billion in its FFIEC call report.
Where is BankNewport headquartered?
It is headquartered in Middletown, RI, United States.
When was BankNewport founded?
It was established in 1819, per the FDIC institution directory.
Is BankNewport FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #18129). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates BankNewport?
BankNewport's primary federal regulator is the Federal Reserve.
What is BankNewport's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.70% in its Q2 2026 call report, above regulatory requirements.
How many branches does BankNewport operate?
It operates 20 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is BankNewport's Texas Ratio?
Its Texas Ratio is 7.21% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was BankNewport previously called?
The charter now named BankNewport has also operated as Bank of Newport (1987-2005), The Savings Bank of Newport (1973-1987), per FDIC structure-change records.
Go deeper on BankNewport.
Get an email when BankNewport files its next call report, and benchmark it against any peer you choose.
Unlock BankNewport, freeFree account