Company: NEWTP
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001587987-25-000084
Chunk: 99

Company: NewtekOne, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 99
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 $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, includes unguaranteed portions of SBA 7(a) loans, CRE, and C&I loans originated and held by Newtek Bank. The following table shows the Company’s loan portfolio by loan type for loans HFI, at amortized cost:Loans HFI, at Amortized CostMarch 31, 2025December 31, 2024SBA$428,496 $380,981 CRE230,626 191,831 C&I50,450 47,558 Total Loans709,572 620,370 Deferred fees and costs, net1,594 1,281 Loans held for investment, at amortized cost, net of deferred fees and costs$711,166 $621,651 

Past Due and Non-Accrual Loans HFILoans HFI, at fair valueThe following tables summarize the aging of accrual and non-accrual loans HFI, at fair value by class:As of March 31, 2025Past Due and AccruingNon- accrualTotal Past Due and Non-accrualCurrentTotal Accounted for Under the FV Option30-59 Days60-89 Days90+ DaysSBA, at fair value$32,701 $4,565 $— $69,038 $106,304 $240,490 $346,794 As of December 31, 2024Past Due and AccruingNon- accrualTotal Past Due and Non-accrualCurrentTotal Accounted for Under the FV Option30-59 Days60-89 Days90+ DaysSBA, at fair value$23,158 $18,400 $9,268 $67,304 $118,130 $251,