Newbank
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Data as of · sourced from FFIEC call reports. How we update
Newbank is an FDIC-insured commercial bank headquartered in Flushing, NY, established in 2006 (FDIC certificate 58203), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $618.0M, down 2.4% from Q2 2025, the 65th largest of 105 banks headquartered in New York. It reports no CET1 ratio; its Tier 1 leverage ratio was 15.00% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 58203
- Headquarters
- Flushing, NY
- Established
- 2006
- Total assets, Q2 2026
- $618.0M
- Assets vs Q2 2025
- -2.4%
- Tier 1 leverage ratio, Q2 2026
- 15.00%
- Domestic offices
- 7 FDIC institution directory, current count
- Routing number
- 026014216
- Asset rank in state
- 65th of 105 in New York
Problem loans are rising at Newbank. The Flushing, New York bank had $618 million in assets at June 30, 2026, down 2.4% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.65% of loans from 1.69% a year earlier. It pays an average of 2.69% on its deposits and borrowings, higher than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median 1.80%). It also lost 2.8% of its deposits over the year, lower than about three-quarters of banks its size (median 4.0%).
Loans and deposits moved in opposite directions: over the year loans rose 13.3% and deposits fell 2.8%. The non-owner-occupied commercial real estate book ($142 million) is worsening: 6.09% of it is past due or on nonaccrual, up from 1.91% a year earlier. Credit is the area to watch: it carries problem assets equal to 12.7% of the capital and reserves that would absorb them, 4.8 times the median of 2.6% for banks its size.
As of June 30, 2026, Newbank reported a return on assets of 1.27%, a nonperforming-loan ratio of 2.65% and a Texas ratio of 12.73%. The figures come from its call report filed with the FFIEC.
Newbank ranks as the 65th largest of the 105 banks based in New York, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 0.6% to $618.0M, loans rose 6.2% and deposits rose 0.5%. Its loan book on June 30, 2026 was led by owner-occupied commercial real estate loans, at 45.1% of total loans, followed by non-owner-occupied commercial real estate loans at 30.5%. Its 7 offices in the FDIC Summary of Deposits are in 6 cities across 3 states; its Flushing office books 30% of its branch deposits. Judged on its Q2 2026 call report, Newbank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 14601 Northern Blvd, Flushing, NY 11354
- County
- Queens
- Metro Area
- New York-Newark-Jersey City, NY-NJ
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- No
- Federal Reserve district
- District 2, New York
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- September 29, 2006
- Domestic offices
- 7 FDIC institution directory, current count
- Employees (FTE)
- 67
- Domestic deposits
- $517.7M
- Allowance for credit losses
- $6.9M
- Net charge-offs (YTD)
- $1.5M
- Average total assets
- $605.9M
- Average total loans
- $449.4M
- Average interest-bearing deposits
- $374.0M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- September 29, 2006
- FDIC Cert
- 58203
- Fed RSSD
- 3472859
- Website
- http://www.newbankusa.com →
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, Newbank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Newbank's total assets ran between $614.3M (Q1 2026) and $668.0M (Q3 2024), 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
$618.0M total assets against $633.3M; $527.6M total liabilities against $547.5M.
$458.6M net loans and leases against $405.4M; $517.7M total deposits against $532.5M.
$55.5M securities against $0; $83.3M cash and balances due against $213.5M.
$9.9M total interest income against $10.8M; $3.5M total interest expense against $4.1M.
$6.4M net interest income against $6.7M.
$848K total noninterest income against $779K; $4.2M total noninterest expense against $4.2M.
$550K provision for credit losses against $0.
$1.9M net income against $2.5M.
1.27% return on assets against 1.63%; 4.38% net interest margin against 4.43%.
15.00% tier 1 leverage ratio against 13.86%.
Inside the full Newbank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeNewbank rankings
Its closest position to the top of a national ranking is 432 of 3,640, for Texas Ratio; its furthest is 1,841 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.43% (Q1 2026) to 1.63% (Q2 2025) and its net interest margin ran from 4.16% (Q1 2026) to 4.78% (Q3 2024).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 15.00% | 1.27% | 2.65% | 12.73% | 4.38% |
| Q1 2026 | 14.35% | 0.43% | 3.02% | 13.89% | 4.16% |
| Q4 2025 | 14.18% | 0.98% | 3.12% | 14.00% | 4.23% |
| Q3 2025 | 13.73% | 1.60% | 1.74% | 7.88% | 4.53% |
| Q2 2025 | 13.86% | 1.63% | 1.69% | 7.67% | 4.43% |
| Q1 2025 | 13.23% | 1.13% | 1.55% | 6.83% | 4.20% |
| Q4 2024 | 12.66% | 1.41% | 1.58% | 6.91% | 4.38% |
| Q3 2024 | 12.31% | 1.58% | 2.62% | 11.99% | 4.78% |
Swipe the table sideways to see every column.
Branch Network
View all 7 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 |
|---|---|---|---|
| Newbank (main office) | Flushing , NY | 11354 | $154.1M |
| Closter Branch | Closter , NJ | 07624 | $102.5M |
| 1475 Bergen Blvd Plaza West Branch | Fort Lee , NJ | 07024 | $90.7M |
| Bayside Branch Office | Bayside , NY | 11361 | $84.9M |
| Fort Lee Branch | Fort Lee , NJ | 07024 | $43.8M |
| 25 West 32nd Street Branch | New York , NY | 10001 | $39.9M |
| Aurora Branch | Aurora , CO | 80014 | $1.8M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in NY, rank 119 of 176 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 22 loans, $19.7M approved, $894K 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
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Newbank
What are Newbank's total assets?
As of the Q2 2026 filing, Newbank reported total assets of $618.0 million in its FFIEC call report.
Where is Newbank headquartered?
It is headquartered in Flushing, NY, United States.
When was Newbank founded?
It was established in 2006, per the FDIC institution directory.
Is Newbank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #58203). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Newbank?
Newbank's primary federal regulator is the FDIC.
How many branches does Newbank operate?
It operates 7 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Newbank's Texas Ratio?
Its Texas Ratio is 12.73% 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.
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