Company: NEWTP
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001587987-25-000141
Chunk: 239

Company: NewtekOne, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 239
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 deposits$— $— Pledged for borrowings and other:14,245 23,916 FRB borrowings1,978 2,980 FHLB borrowings12,267 20,937 Total pledged$14,245 $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 7(a) loans by NSBF where the SBA guarantee has been subsequently repurchased by NSBF. The following table shows the Company’s loan portfolio by collateral type for loans HFI, at fair value:Loans HFI, at Fair ValueJune 30, 2025December 31, 2024CostFair ValueCostFair ValueCRE$86,603 $87,706 $162,894 $175,353 Residential Real Estate89,390 86,843 69,667 67,474 Machinery and Equipment¹52,480 53,147 60,460 56,454 Accounts Receivable and Inventory42,521 41,725 59,449 54,267 Unsecured42,215 41,986 5,643 5,644 Other²15,075 14,706 13,033 10,554 Total$328,284 $326,113 $371,146 $369,746 1    Machinery and Equipment includes one loan at NewtekOne at $4.7 million Cost and $4.4 million Fair value as of June 30, 2025, and $4.7 million Cost and $4.6 million Fair Value as of December 31, 2024.2    Other includes one loan at NewtekOne at $1.5 million Cost and $0.6 million Fair Value as of June 30, 2025, and one loan at $2.0 million Cost and $1.1 million Fair Value as of December 31, 2024.

F-29

Loans HFI, at amortized cost, net of deferred fees and costsLoans HFI, at amortized cost, net of deferred fees and costs, includes unguaranteed portions of SBA 7(a) loans, CRE