Company: NEWTP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050582
Chunk: 32

Company: NewtekOne, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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 30, 2025 and December 31, 2024, there was none and $30.4 thousand of accrued interest receivable on available-for-sale securities, respectively, included in Other assets in the accompanying Consolidated Statements of Financial Condition.

During the nine months ended September 30, 2025 and 2024, securities sold or settled were as follows:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024# of Securities$# of Securities$# of Securities$# of Securities$Securities sold or settledone settled$4,000two settled$10,000five settled$18,000three settled$39,500

Unrealized Losses The following tables summarize the gross unrealized losses and fair value of debt securities available-for-sale by length of time each major security type has been in a continuous unrealized loss position:September 30, 2025Less Than 12 Months12 Months or MoreTotalFair ValueUnrealized LossesFair ValueUnrealized LossesNumber of Holdings Fair ValueUnrealized LossesU.S. Treasury notes$9,634 $3 $— $— 3 $9,634 $3 December 31, 2024Less Than 12 Months12 Months or MoreTotalFair ValueUnrealized LossesFair ValueUnrealized LossesNumber of Holdings Fair ValueUnrealized LossesU.S. Treasury notes$12,061 $29 $— $— 2 $12,061 $29 Management evaluates debt securities available-for-sale debt to determine whether the unrealized loss is due to credit-related factors or non-credit-related factors. The evaluation considers the extent to which the security’s fair value is less than cost, the financial condition and near-term prospects of the issuer, and intent and ability of the Company to retain its investment in the security for a period of time sufficient to allow for any anticipated recovery in fair value. These unrealized losses are primarily the result of non-credit-related volatility in the market and market interest rates. Since none of the unrealized losses relate to marketability of the securities or the issuers' ability to honor redemption obligations and the Company has the intent and ability to hold the securities for a sufficient period of time to recover unrealized losses, none of the losses have been recognized in the Company’s Consolidated Statements of Income. 

Contractual Maturities The following table summarizes the amort