Company: NEWTP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050582
Chunk: 242

Company: NewtekOne, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 242
---
ized LossesFair ValueUnrealized LossesNumber of Holdings Fair ValueUnrealized LossesU.S. Treasury notes$12,061 $29 $— $— 2 $12,061 $29 Management evaluates debt securities available-for-sale debt to determine whether the unrealized loss is due to credit-related factors or non-credit-related factors. The evaluation considers the extent to which the security’s fair value is less than cost, the financial condition and near-term prospects of the issuer, and intent and ability of the Company to retain its investment in the security for a period of time sufficient to allow for any anticipated recovery in fair value. These unrealized losses are primarily the result of non-credit-related volatility in the market and market interest rates. Since none of the unrealized losses relate to marketability of the securities or the issuers' ability to honor redemption obligations and the Company has the intent and ability to hold the securities for a sufficient period of time to recover unrealized losses, none of the losses have been recognized in the Company’s Consolidated Statements of Income. 

Contractual Maturities The following table summarizes the amortized cost and fair value of debt securities available-for-sale by contractual maturity:September 30, 2025December 31, 2024Amortized CostFair ValueAmortized CostFair ValueMaturing within 1 year$18,004 $18,009 $15,833 $15,838 After 1 year through 5 years— — 8,101 8,078 Total$18,004 $18,009 $23,934 $23,916 

F-30

Other informationThe following table summarizes Newtek Bank’s debt securities available-for-sale pledged for deposits, borrowings, and other purposes:September 30, 2025December 31, 2024Pledged for deposits$— $— Pledged for borrowings and other:18,009 23,916 FRB borrowings6,957 2,980 FHLB borrowings11,052 20,937 Total pledged$18,009 $23,916 

NOTE 5—LOANS:

Loans held for investment (HFI), at fair valueLoans HFI, at fair value, includes SBA 7(a) loans originated by NSBF. On occasion, NSBF has distributed loans to NewtekOne that were originated as SBA