| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 3,980 | 10,124 | ||
| Restricted cash (amounts related to vies of 6.3 million and 6.3 million, respectively) | 24,737 | 23,152 | ||
| Interest bearing deposits in banks | 188,214 | 180,013 | ||
| Total cash and cash equivalents | 216,931 | 213,289 | ||
| Debt securities available-for-sale, at fair value | 18,009 | 14,245 | ||
| Loans held for sale, at fair value | 757,001 | 514,609 | ||
| Loans held for sale, at lcm | 28,678 | 32,291 | ||
| Loans held for investment, at fair value | 305,720 | 326,113 | ||
| Loans held for investment, at amortized cost, net of deferred fees and costs | 834,087 | 767,827 | ||
| Individually evaluated | 14,324 | - | ||
| Investments | - | 40,000 | ||
| Investments | - | 16,487 | ||
| Investments | - | 9,828 | ||
| Collectively evaluated | 30,842 | - | ||
| Investments | - | 1,500 | ||
| Allowance for credit losses | 45,166 | 42,625 | ||
| Investments | - | 306 | ||
| Loans held for investment, at amortized cost, net | 788,921 | 725,202 | ||
| Federal home loan bank and federal reserve bank stock | 4,064 | 3,937 | ||
| Settlement receivable | 469 | 19,705 | ||
| Residuals in securitizations, at fair value | 76,701 | 77,701 | ||
| Investments-Investment Affiliated Issuer Controlled Not Majority Owned And Noncontrolled | 51,390 | - | ||
| Goodwill and intangibles | 14,633 | 14,672 | ||
| Right of use assets | 2,292 | 2,384 | ||
| Servicing assets, at fair value | 17,023 | 18,384 | ||
| Servicing assets, at lcm | 30,540 | 31,831 | ||
| Deferred tax asset, net | - | 190 | ||
| Other assets | 86,727 | 63,543 | ||
| Assets held for sale | 0 | 0 | ||
| Total assets | 2,399,099 | 2,126,217 | ||
| Noninterest-bearing | 21,771 | 41,034 | ||
| Interest-bearing | 1,156,193 | 1,042,794 | ||
| Total deposits | 1,177,964 | 1,083,828 | ||
| Borrowings (including borrowings of vies of 140.6 million and 186.6 million, respectively) | 748,549 | 657,327 | ||
| Dividends payable | 5,387 | 5,236 | ||
| Lease liabilities | 2,322 | 2,409 | ||
| Deferred tax liabilities, net | 5,343 | 0 | ||
| Due to participants | 35,047 | 25,886 | ||
| Accounts payable, accrued expenses and other liabilities | 37,780 | 39,351 | ||
| Liabilities directly associated with assets held for sale | 0 | 0 | ||
| Total liabilities | 2,012,392 | 1,814,037 | ||
| Preferred stock-Series APreferred Stock | 0 | - | ||
| Preferred stock (par value 0.02 per share 20 authorized, 20 issued and outstanding) | - | 19,738 | ||
| Preferred stock-Series BPreferred Stock | 48,181 | - | ||
| Common stock (par value 0.02 per share 199,980 authorized, 28,876 and 24,680 issued and outstanding, respectively) | 577 | 525 | ||
| Retained earnings | 81,981 | 69,995 | ||
| Additional paid-in capital | 255,963 | 221,914 | ||
| Accumulated other comprehensive income (loss), net of income taxes | 5 | 8 | ||
| Total shareholders' equity | 386,707 | 312,180 | ||
| Total liabilities and shareholders' equity | 2,399,099 | 2,126,217 | ||
NewtekOne, Inc. (NEWTI)
NewtekOne, Inc. (NEWTI)