Company: NEWTP
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001587987-25-000141
Chunk: 168

Company: NewtekOne, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 2
Chunk 168
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 dividends from average interest-earning assets, the total dollar amount of interest expense on average interest-bearing liabilities, and the resulting average yields and costs. The yields and costs for the periods indicated are derived by dividing the income or expense by the average balances for assets or liabilities, respectively, for the periods presented and annualizing that result. Loan fees are included in interest income on loans.

Six Months Ended June 30,20252024Average BalanceInterestAverage Yield / RateAverage BalanceInterestAverage Yield / RateInterest-earning assets:Other interest-earning assets$263,909 $6,081 4.65 %$150,025 $3,828 5.13 %Investment securities17,066 490 5.79 35,447 834 4.73 Loans held for sale405,211 19,831 9.87 190,720 11,193 11.80 Loans held for investment1,151,308 48,006 8.41915,091 40,565 8.91Total interest-earning assets1,837,494 74,408 8.171,291,283 56,420 8.79Less: Allowance for credit losses on loans(35,931)(14,394)Noninterest earning assets201,783 199,395 Total assets$2,003,346 $1,476,284 Interest-bearing liabilities:Demand$136,176 $511 0.76 %$24,951 $92 0.74 %Savings and NOW390,422 8,749 4.52 252,280 6,363 5.07 Money Market46,982 984 4.22 20,759 456 4.42 Time362,354 8,958 4.99 219,390 5,530 5.07 Total deposits935,934 19,202 4.14 517,380 12,441 4.84 Borrowings689,189 27,350 8.00 646,318 25,947 8.07 Total interest-bearing liabilities1,625,123 46,552 5.78 1,163,698 38,388 6.63 Noninterest-bearing deposits— 204 Noninterest-bearing liabilities67,647 64,303 Shareholders’ equity310