Company: NEWTP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050582
Chunk: 314

Company: NewtekOne, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 314
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 that cannot be segregated have been allocated proportionally based on the changes due to rate and the changes due to volume.

Nine Months Ended September 30,2025 vs. 2024Increase (Decrease) Due toRateVolumeTotalInterest income:Other interest-earning assets$(2,074)$4,496 $2,422 Investment securities1 (479)(478)Loans held for sale(3,541)17,146 13,605 Loans held for investment(4,383)14,645 10,262 Total interest income(9,997)35,808 25,811 Interest expense:Demand(158)664 506 Savings and NOW(1,971)5,777 3,806 Money Market(91)884 793 Time(728)5,949 5,221 Borrowings(1,076)3,169 2,093 Total interest expense(4,024)16,443 12,419 Net interest income$(5,973)$19,365 $13,392 

 Noninterest Income

Nine months ended September 30,2025/2024 Increase/(Decrease)20252024AmountPercentDividend income$2,711 $1,128 $1,583 140.3 %Net loss on loan servicing assets(12,500)(5,383)(7,117)132.2 Servicing income17,655 14,922 2,733 18.3 Net gains on sales of loans38,050 68,531 (30,481)(44.5)Net gain on residuals in securitizations30,015 — 30,015 100.0 Net gain (loss) on loans under the fair value option35,566 (4,181)39,747 (950.7)Technology and IT support income— 14,255 (14,255)(100.0)Electronic payment processing income33,401 35,409 (2,008)(5.7)Other noninterest income24,163 28,557 (4,394)(15.4)  Total noninterest income$169,061 $153,238 $15,823 10.3 %

Dividend Income

For the nine months ended September 30, 2025 and 2024, dividend income was dependent on the