Company: NEWTP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050582
Chunk: 116

Company: NewtekOne, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 116
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 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’ equity339,077 274,888 Total liabilities and shareholders' equity$2,262,678 $1,610,849 Net interest income and interest rate spread$14,549 2.34 %$10,981 2.37 %Net interest margin2.86 %3.08 %Ratio of average interest-earning assets to average interest bearing liabilities110.81 %112.46 %

87

Rate/Volume Analysis

The following table sets forth the effects of changing rates and volumes on net interest income. The rate column shows the effects attributable to changes in rate (changes in rate multiplied by prior volume). The volume column shows the