Company: NEWTP
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001587987-25-000084
Chunk: 291

Company: NewtekOne, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 291
---
0 %Common Equity Tier 1 (to Risk-Weighted Assets)126,404 13.4 %42,607 4.5 %61,544 6.5 %Tier 1 Capital (to Risk-Weighted Assets)126,404 13.4 %56,810 6.0 %75,747 8.0 %Total Capital (to Risk-Weighted Assets)138,576 14.6 %75,746 8.0 %94,683 10.0 %Newtek Bank - March 31, 2024Tier 1 Capital (to Average Assets)$100,383 15.5 %25,905 4.0 %$32,382 5.0 %Common Equity Tier 1 (to Risk-Weighted Assets)100,383 17.7 %25,521 4.5 %36,864 6.5 %Tier 1 Capital (to Risk-Weighted Assets)100,383 17.7 %34,028 6.0 %45,371 8.0 %Total Capital (to Risk-Weighted Assets)107,603 18.9 %45,546 8.0 %56,933 10.0 %

1 Exclusive of the capital conservation buffer of 2.5% of risk-weighted assets.

Cash Flows and Liquidity

The following table summarizes the Company’s available sources of liquidity as of March 31, 2025 and December 31, 2024:

Availability as of March 31, 2025December 31, 2024Unrestricted cash$10,201$6,941Lines of credit at other commercial banks118460,903Newtek Bank:Interest bearing deposits in banks259,782346,207FHLB borrowing availability141,06339,780Lines of credit at other financial institutions30,00030,000Total liquidity sources$341,230$483,831

1    Availability as of March 31, 2025 and December 31, 2024 is based on collateral pledged as of that date.

76

The Company has restricted cash of $24.2 million as of March 31, 2025. NSBF holds $5.0 million of the Company’s restricted cash, which includes reserves in the event payments are insufficient to cover interest and/or principal