Newtek Bank National Assn
Miami, Florida · FDIC Cert #18734
This is the FDIC profile for Newtek Bank National Assn, an FDIC-insured bank (Certificate #18734) with $819M in total assets and $664M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Miami, Florida, the bank maintains a Tier 1 capital ratio of 17.06% (Well-Capitalized) and a nonperforming loan ratio of 2.50%. BankHealthData assigns a composite Health Grade of B (75/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Newtek Bank National Assn (FDIC cert 18734) is a community bank — $819M in total assets, $664M in deposits, serving the Miami, Florida area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 17.06% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is elevated: non-performing loan ratio of 2.50% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is in the normal range: 20.0% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is strong: return on assets of 8.53% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is mildly positive across the recent-quarters window. The directional signal is favorable but not dramatic. Newtek Bank National Assn carries a composite BankHealth grade of B (75/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Newtek Bank National Assn
- Total Assets
- $819M
- Total Deposits
- $664M
- Tier 1 Capital Ratio
- 17.06%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 2.50%
- Liquidity Ratio
- 19.95%
- Return on Assets
- 8.53%
- Headquarters
- Miami, Florida
- FDIC Certificate
- #18734
- Health Grade
- B (75/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Newtek Bank National Assn files quarterly Call Reports with the FDIC under Certificate #18734. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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Capital & Safety Analysis
According to FDIC financial data, Newtek Bank National Assn holds a Tier 1 capital ratio of 17.06%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Newtek Bank National Assn has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Newtek Bank National Assn shows strong financial health indicators. With $819M in assets and a Health Score of 75/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Newtek Bank National Assn Compares
Newtek Bank National Assn’s Health Score of 75 is 7 points below the Florida state average of 82 across 83 FDIC-insured banks. Its 17.06% Tier 1 capital ratio is 3.1 points above the US banking industry average near 14%. The 2.50% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 8.53% is in line with or above the national ROA benchmark of ~1.1%. Among 1154 similarly-sized banks, the average Health Score is 79, meaning this bank ranks below its size cohort. Site-wide, Newtek Bank National Assn is 5 points below the portfolio average of 80.
Frequently Asked Questions
Newtek Bank National Assn has a Bank Health Score of B (75/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 17.06%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Newtek Bank National Assn's Tier 1 capital ratio of 17.06% and nonperforming loan ratio of 2.50% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Newtek Bank National Assn is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #18734). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Newtek Bank National Assn holds $819M in total assets and $664M in total deposits. It is headquartered in Miami, Florida (FDIC Certificate #18734).
Newtek Bank National Assn's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #18734 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Newtek Bank National Assn has a Tier 1 capital ratio of 17.06%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.50%, and the return on assets is 8.53%.
Yes. Newtek Bank National Assn is FDIC-insured (Certificate #18734). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Newtek Bank National Assn's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.