Company: NEWTP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050582
Chunk: 185

Company: NewtekOne, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 185
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-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.

Three Months Ended September 30,20252024Average BalanceInterestAverage Yield / RateAverage BalanceInterestAverage Yield / RateInterest-earning assets:Other interest-earning assets$275,885 $2,518 3.62 %$171,193 $2,349 5.46 %Investment securities13,015 200 6.10 25,472 334 5.22 Loans held for sale624,531 11,516 7.32 248,507 6,634 10.62 Loans held for investment1,105,354 24,860 8.92971,396 21,954 8.99Total interest-earning assets2,018,785 39,094 7.681,416,568 31,271 8.78Less: Allowance for credit losses on loans(42,724)(21,152)Noninterest earning assets286,617 215,433 Total assets$2,262,678 $1,610,849 Interest-bearing liabilities:Demand$157,657 $277 0.70 %$67,270 $191 1.13 %Savings and NOW447,058 4,660 4.14 252,325 3,240 5.11 Money Market64,113 576 3.56 30,049 311 4.12 Time479,078 5,366 4.44 279,215 3,572 5.09 Total deposits1,147,906 10,879 3.76 628,859 7,314 4.63 Borrowings674,017 13,666 8.04 630,796 12,976 8.18 Total interest-bearing liabilities1,821,923 24,545 5.34 1,259,655 20,290 6.41 Noninterest-bearing deposits— 10,893 Noninterest-bearing liabilities101,678 65,413 Shareholders’ equity339