Company: NEWTP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050582
Chunk: 247

Company: NewtekOne, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 247
---
 mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this credit even though partial recovery may be affected in the future.

F-33

The following tables present asset quality indicators by portfolio class and origination year at September 30, 2025 and December 31, 2024: September 30, 2025Term Loans HFI by Origination Year20252024202320222021PriorTotalSBA, at fair valueRisk Grades 1-4$— $— $19,172 $86,721 $30,891 $93,382 $230,166 Risk Grades 5-6— — 3,599 19,964 6,399 41,462 71,424 Risk Grade 7— — 32 60 — — 92 Risk Grade 8— — — 49 — 3,989 4,038 Total$— $— $22,803 $106,794 $37,290 $138,833 $305,720 SBA, at amortized cost, net of deferred fees and costsRisk Grades 1-4$150,232 $180,416 $85,132 $— $— $— $415,780 Risk Grades 5-6533 38,387 28,189 — — — 67,109 Risk Grade 7148 11,621 12,218 — — — 23,987 Risk Grade 846 1,306 1,684 — — — 3,036 Total$150,959 $231,730 $127,223 $— $— $— $509,912 CRE, at amortized cost, net of deferred fees and costsRisk Grades 1-4$77,676 $52,371 $25,499 $30,666 $15,866 $48,957 $251,035 Risk Grades 5-6— 897 — 1,750 — 3,239 5,886 Risk Grade 7— — — — — — — Total$77,676 $53,268 $25,499 $32,416