Company: NEWTP
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001587987-25-000084
Chunk: 211

Company: NewtekOne, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 211
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,916 

Other informationThe following table summarizes Newtek Bank’s debt securities available-for-sale pledged for deposits, borrowings, and other purposes:March 31, 2025December 31, 2024Pledged for deposits$— $— Pledged for borrowings and other14,127 23,916 Total pledged$14,127 $23,916 

F-22

NOTE 4—LOANS:Loans held for investment (HFI), at fair valueLoans HFI, at fair value, includes SBA 7(a) loans originated by NSBF. On occasion, NSBF has distributed loans to NewtekOne that were originated as SBA 7(a) loans by NSBF where the SBA guarantee has been subsequently repurchased by NSBF. The following table shows the Company’s loan portfolio by collateral type for loans HFI, at fair value:Loans HFI, at Fair ValueMarch 31, 2025December 31, 2024CostFair ValueCostFair ValueCRE$155,411 $165,747 $162,894 $175,353 Residential Real Estate65,394 63,344 69,667 67,474 Machinery and Equipment¹57,184 52,042 60,460 56,454 Accounts Receivable and Inventory56,126 50,677 59,449 54,267 Unsecured5,437 5,393 5,643 5,644 Other²12,072 9,591 13,033 10,554 Total$351,624 $346,794 $371,146 $369,746 1 Machinery and Equipment includes one loan at NewtekOne at $4.7 million Cost and $4.5 million Fair value as of March 31, 2025, and $4.7 million Cost and $4.6 million Fair Value as of December 31, 2024.2 Other includes one loan at NewtekOne at $2.0 million Cost and $1.1 million Fair Value as of March 31, 2025, and one loan at $2.0 million Cost and $1.1 million Fair Value as of December 31, 2024.

Loans HFI, at amortized cost, net of deferred fees and costsLoans HFI, at amortized cost, net of deferred fees and costs,