Company: NEWTP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050582
Chunk: 3

Company: NewtekOne, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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Depreciation and amortization129 517 549 1,570 Loss on extinguishment of debt179 — 179 — Other general and administrative costs6,892 4,886 21,189 14,326 Total noninterest expense42,159 38,847 125,645 120,570 Net income before taxes25,066 17,057 55,487 44,939 Income tax expense7,165 5,123 14,516 12,410 Net income17,901 11,934 40,971 32,529 Dividends to preferred shareholders(472)(400)(1,272)(1,200)Net income available to common shareholders$17,429 $11,534 $39,699 $31,329 Earnings per Common Share:Basic$0.68 $0.45 $1.57 $1.26 Diluted$0.67 $0.45 $1.54 $1.26 

F-9See accompanying notes to consolidated financial statements.

NEWTEKONE, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)(In Thousands)Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Net income$17,901 $11,934 $40,971 $32,529 Other comprehensive income (loss) before tax:Net unrealized gain (loss) on debt securities available-for-sale during the period(3)241 23 257 Other comprehensive income (loss) before tax(3)241 23 257 Income tax expense (benefit)— 73 (3)78 Other comprehensive income (loss) net of tax(3)168 26 179 Comprehensive income$17,898 $12,102 $40,997 $32,708 

F-10See accompanying notes to consolidated financial statements.

NEWTEKONE, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED)(In Thousands, except for Per Share Data)Series A Preferred stockSeries B Preferred stockCommon stockRetained earningsAdditional paid-in capitalAccumulated other comprehensive income (loss), net of income taxesTotal shareholders' equitySharesAmountSharesAmount