Company: NEWTP
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001587987-25-000084
Chunk: 210

Company: NewtekOne, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 210
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4, securities sold or settled were as follows:Three Months Ended March 31,20252024#$#$Securities sold or settled4$(10,024)—$—

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:March 31, 2025Less Than 12 Months12 Months or MoreTotalFair ValueUnrealized LossesFair ValueUnrealized LossesNumber of Holdings Fair ValueUnrealized LossesU.S. Treasury notes$1,987 $1 $— $— 1 $1,987 $1 December 31, 2024Less Than 12 Months12 Months or MoreTotalFair ValueUnrealized LossesFair ValueUnrealized LossesNumber of Holdings Fair ValueUnrealized LossesU.S. Treasury notes$12,061 $27 $— $— 2 $12,061 $27 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. 

F-21

Contractual Maturities The following table summarizes the amortized cost and fair value of debt securities available-for-sale by contractual maturity:March 31, 2025December 31, 2024Amortized CostFair ValueAmortized CostFair ValueMaturing within 1 year$14,114 $14,127 $15,833 $15,838 After 1 year through 5 years— — 8,101 8,078 Total$14,114 $14,127 $23,934 $23