newtg: the income statement

MyFinsight

For the quarter ending 2025-09-30, NEWTG made $171,771K in revenue. $17,429K in net income. Net profit margin of 10.15%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30
Debt securities available-for-sale	200
Loans and fees on loans	36,376
Other interest earning assets	2,518
Total interest income	39,094
Deposits	10,879
Interest expense-Notes And Securitization Trusts	10,710
Interest expense-Bank And Federal Home Loan Bank Borrowings	2,956
Total interest expense	24,545
Net interest income	14,549
Provision for credit losses	7,712
Net interest income after provision for credit losses	6,837
Dividend income	425
Net loss on loan servicing assets	-4,493
Servicing income	6,076
Net gains on sales of loans	9,563
Net (loss) gain on residuals in securitizations	-1,450
Net gain (loss) on loans under the fair value option	29,250
Technology and it support income	0
Electronic payment processing income	11,053
Other noninterest income	9,964
Total noninterest income	60,388
Salaries and employee benefits expense	19,973
Technology services expense	0
Electronic payment processing expense	4,429
Professional services expense	3,793
Other loan origination and maintenance expense	6,764
Depreciation and amortization	129
Loss on extinguishment of debt	-179
Other general and administrative costs	6,892
Total noninterest expense	42,159
Net income before taxes	25,066
Income tax expense	7,165
Net income	17,901
Dividends to preferred shareholders	472
Net income available to common shareholders	17,429

Basic (in dollars per share)	0.68
Diluted (in dollars per share)	0.67
Total weighted-average diluted shares outstanding (in shares)	26,043,000
Weighted-average basic shares outstanding (in shares)	25,600,000