Company: NEWTP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050582
Chunk: 93

Company: NewtekOne, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 93
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Credit Quality: The following table presents an analysis of loans HFI with credit metrics, including a breakdown by days aged:

Credit Quality RatiosSeptember 30, 2025December 31, 2024At Amortized CostCurrent$741,649 89.2 %$575,444 92.8 %Past Due 30-89 Days and accruing23,994 2.9 %20,585 3.3 %Past Due 90 and more Days and accruing399 — %— — %Nonaccrual loans65,678 7.9 %24,341 3.9 %Total, at amortized cost$831,720 100.0 %$620,370 100.0 %Deferred fees and costs2,367 1,281 Total, at amortized cost, net of deferred fees and costs$834,087 $621,651 Allowance for credit losses$(45,166)5.4 %$(30,233)4.9 %At Fair ValueCurrent$209,306 68.5 %$251,616 68.1 %Past Due 30-89 Days and accruing21,087 6.9 %41,558 11.2 %Past Due 90 and more Days and accruing2,182 0.7 %9,268 2.5 %Nonaccrual loans73,145 23.9 %67,304 18.2 %Total$305,720 100.0 %$369,746 100.0 %Past due and nonaccrual loans as % of Outstanding UPB$96,414 31.5 %$118,130 31.9 %Nonperforming Assets, as a percentage of total assetsLoans HFI, at amortized cost$65,678 2.7 %$24,341 1.2 %Loans HFI, at fair value73,145 3.0 %67,304 3.2 %Other real estate owned7,890 0.3 %3,764 0.2 %  Total Nonperforming Assets$146,713 6.0 %$95,409 4.6 %

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CRE exposure

The Company’s loan portfolio consists of loans to