Company: NEWTP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050582
Chunk: 1

Company: NewtekOne, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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5December 31, 2024(Unaudited)LIABILITIES AND SHAREHOLDERS’ EQUITY Liabilities:Deposits:Noninterest-bearing$21,771 $11,142 Interest-bearing1,156,193 961,910 Total deposits1,177,964 973,052 Borrowings (including borrowings of VIEs of $140.6 million and $186.6 million, respectively)748,549 708,041 Dividends payable5,387 5,233 Lease liabilities2,322 6,498 Deferred tax liabilities, net5,343 2,244 Due to participants35,047 21,532 Accounts payable, accrued expenses and other liabilities37,780 40,806 Liabilities directly associated with assets held for sale— 6,224 Total liabilities2,012,392 1,763,630 Commitment and contingencies (Note 13)Shareholders' Equity:Series A Preferred stock (par value $0.00 and $0.02 per share; 0 and 20 authorized, 0 and 20 issued and outstanding, respectively)— 19,738 Series B Preferred stock (par value $0.02 and $0.00 per share; 54 and 0 authorized, 50 and 0 issued and outstanding, respectively)48,181 — Common stock (par value $0.02 per share; 199,980 authorized, 28,876 and 24,680 issued and outstanding, respectively)577 526 Retained earnings81,981 57,773 Additional paid-in capital255,963 218,266 Accumulated other comprehensive income (loss), net of income taxes5 (21)Total shareholders' equity386,707 296,282 Total liabilities and shareholders' equity$2,399,099 $2,059,912 

F-8See accompanying notes to consolidated financial statements.

Table of Contents

NEWTEKONE, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)(In Thousands, except for Per Share Data)Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Interest incomeDebt securities available-for-sale$200 $334 $690 $1,168 Loans and fees on loans36,376 28,588