Call reports 2020
NEWTEK BANK, NATIONAL ASSOCIATION — 2020
What NEWTEK BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 229,102,000 | 223,012,000 | 207,503,000 | 203,725,000 |
| Total loans | 194,430,000 | 182,819,000 | 181,022,000 | 176,797,000 |
| Allowance for loan losses | 3,118,000 | 3,545,000 | 3,705,000 | 3,100,000 |
| Securities available for sale | 3,256,000 | 3,251,000 | 3,252,000 | 3,251,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 159,123,000 | 158,165,000 | 146,801,000 | 150,467,000 |
| Interest-bearing deposits | 135,971,000 | 133,228,000 | 126,210,000 | 125,885,000 |
| Noninterest-bearing deposits | 23,152,000 | 24,937,000 | 20,591,000 | 24,582,000 |
| Equity capital | 40,499,000 | 40,231,000 | 40,196,000 | 35,633,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,566,000 | 4,776,000 | 6,843,000 | 8,902,000 |
| Interest expense | 927,000 | 1,786,000 | 2,596,000 | 3,339,000 |
| Net interest income | 1,639,000 | 2,990,000 | 4,247,000 | 5,563,000 |
| Noninterest income | 9,000 | 18,000 | 28,000 | 33,000 |
| Noninterest expense | 1,165,000 | 2,320,000 | 3,451,000 | 4,656,000 |
| Provision for loan losses | 578,000 | 1,030,000 | 1,190,000 | 937,000 |
| Pretax income | -95,000 | -342,000 | -366,000 | 3,000 |
| Income tax | 43,000 | 60,000 | 72,000 | 3,000 |
| Net income | -138,000 | -402,000 | -438,000 | 0 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,494,000 | 40,230,000 | 40,194,000 | 35,632,000 |
| Total capital | 42,773,000 | 42,357,000 | 42,316,000 | 37,709,000 |
| Risk-weighted assets | 181,520,000 | 168,740,000 | 168,169,000 | 165,163,000 |