Company: NEWTP
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001587987-25-000084
Chunk: 100

Company: NewtekOne, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 100
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616 $369,746 

F-23

Loans HFI, at amortized cost, net of deferred fees and costsThe following tables summarize the aging of accrual and non-accrual loans HFI, at amortized cost by class:As of March 31, 2025Past Due and AccruingNon- accrualTotal Past Due and Non-accrualCurrentTotal Carried at Amortized Cost30-59 Days60-89 Days90+ DaysAt amortized costSBA$8,605 $— $— $34,008 $42,613 $385,883 $428,496 CRE323 — — 3,350 3,673 226,953 230,626 C&I780 — — 767 1,547 48,903 50,450 Total, at amortized cost$9,708 $— $— $38,125 $47,833 $661,739 $709,572 Deferred fees and costs1,594 Total, at amortized cost net of deferred fees and costs$711,166 Allowance for credit losses(38,649)Total, at amortized cost, net$672,517 As of December 31, 2024Past Due and AccruingNon- accrualTotal Past Due and Non-accrualCurrentTotal Carried at Amortized Cost30-59 Days60-89 Days90+ DaysAt amortized costSBA$11,264 $9,046 $— $21,706 $42,016 $338,965 $380,981 CRE— — — 2,635 2,635 189,196 191,831 C&I275 — — — 275 47,283 47,558 Total, at amortized cost$11,539 $9,046 $— $24,341 $44,926 $575,444 $620,370 Deferred fees and costs1,281 Total, at amortized cost net of deferred fees and costs$621,651 Allowance for credit losses(30,233)Total, at amortized cost, net$591,418 

Credit Quality Indicators The Company uses internal loan reviews to assess the performance of individual loans. In addition, an independent