BankNewport

Chartered Bank Active FDIC Insured
Health Score
7.2 / 10

184 John Clarke Rd, Middletown, RI 02842

Financial Overview

Total Assets $3.07B
Total Deposits $2.46B
Profitability (ROA) 0.53%
Shareholder Return (ROE) 5.27%
Capital Cushion (Eq/Assets) 10.02%
Established 01/01/1819

Financial Health Analysis

BankNewport is a currently active commercial lending specialization banking institution headquartered in Middletown, Rhode Island. Established in 01/01/1819, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, BankNewport manages $3.07B in total assets and holds $2.46B in customer deposits. When evaluating the stability of BankNewport, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 10.02%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is 0.53%, while its Return on Equity (ROE) sits at 5.27%. These metrics result in a moderate health score of 7.2 out of 10, suggesting standard financial stability and adequate capital levels in line with industry averages.

Risk & Growth Profiles

✓ Clean Regulatory Record

No recent history of FDIC conservatorship or financial failure.

Deposit Momentum

$122.8M avg deposits per branch.

Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.

Operations & Contact

Contact

Website: www.banknewport.com

FDIC Certificate #: 18129

Specialization: Commercial Lending Specialization

Location

184 John Clarke Rd

Middletown, Rhode Island 02842

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