# BANKNEWPORT
MIDDLETOWN, RI · FDIC certificate 18129 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $3.07B | |
| Deposits | $2.45B | |
| Loans and leases | $2.49B | |
| Total equity | $304.6M | |
| Loans / deposits | 100.92% (p88 of band) | 87.10% |
| Liquid assets / assets | 15.64% (p26 of band) | |
| Uninsured deposits / deposits | 30.10% (p47 of band) | 30.76% |
| Brokered deposits | 2.14% | |
| Wholesale funding | 11.63% (p70 of band) | |
| FHLB advances / assets | 9.49% | |
| Tier 1 leverage | 10.58% (p52 of band) | 10.50% |
| Unrealized securities loss / equity | -9.31% (p43 of band) | -7.75% |
| AOCI / equity | -0.64% (p28 of band) | |
| ROA (annualized) | 0.62% (p11 of band) | 1.26% |
| Net interest margin | 3.26% (p25 of band) | 3.70% |
| Efficiency ratio | 69.65% (p78 of band) | |
| Noncurrent loans | 0.95% (p72 of band) | 0.51% |
| Net charge-offs (annualized) | 0.02% (p47 of band) | |
| Reserve coverage of noncurrent | 100.08% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 57.47% (p60 of band) | |
| Auto loans | $5,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $16.2M (5% of equity) (p83 of band) | |
| Deposits YoY | 5.4% | |
| Employees | 300 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 0 |  | reserve under noncurrent |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 2 | capital falling, uninsured deposits leaving |  |
| 2013-12 | 1 |  | capital falling |
| 2014-03 | 1 |  |  |
| 2014-06 | 2 | capital falling |  |
| 2014-09 | 0 |  | uninsured deposits leaving, capital falling |
| 2014-12 | 1 | loans exceed deposits |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 0 |  | loans exceed deposits |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | loans exceed deposits |  |
| 2017-03 | 0 |  | loans exceed deposits |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | capital falling |  |
| 2017-12 | 2 | reserve under noncurrent |  |
| 2018-03 | 1 | uninsured deposits leaving | capital falling, reserve under noncurrent |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | reserve under noncurrent |  |
| 2018-12 | 0 |  | uninsured deposits leaving, reserve under noncurrent |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | reserve under noncurrent |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | reserve under noncurrent |
| 2020-03 | 1 | charge-offs p90 |  |
| 2020-06 | 0 |  | charge-offs p90 |
| 2020-09 | 2 | capital falling, reserve under noncurrent |  |
| 2020-12 | 0 |  | capital falling, reserve under noncurrent |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | capital falling |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | noncurrent p90, charge-offs p90, reserve under noncurrent | capital falling |
| 2022-06 | 3 |  |  |
| 2022-09 | 2 | AOCI drag >20% of equity | noncurrent p90, reserve under noncurrent |
| 2022-12 | 2 | expense ratio p90 | AOCI drag >20% of equity |
| 2023-03 | 2 | losing money | expense ratio p90 |
| 2023-06 | 1 |  | losing money |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | capital falling |  |
| 2024-09 | 1 |  | capital falling |
| 2024-12 | 3 | loans exceed deposits, reserve under noncurrent |  |
| 2025-03 | 3 | capital falling | charge-offs p90 |
| 2025-06 | 2 |  | reserve under noncurrent |
| 2025-09 | 2 |  |  |
| 2025-12 | 0 |  | loans exceed deposits, capital falling |
| 2026-03 | 1 | loans exceed deposits |  |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2024-12-23 [Business Beat: BankNewport named RI SBA Lender of the Year - rinewstoday.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxOcTB5NkVfRHRGbUlMcFdQazlXNDZwY2JoNktpbFFmTHJNSEF3OTdVeGVObEc3RmFTb0pXZ0w0TS1sWWlHLUdPTjZpN1c5RWJodHlXbjc1Ym81WUl5cUVwRWJsSnE3NVFnYld1UVQzOG5uaWhsbnBSdl9QbGkwaWQwZkl1SzhhOGJrX0E?oc=5) · rinewstoday.com
- 2023-09-21 [BankNewport opens in Lincoln - The Valley Breeze](https://news.google.com/rss/articles/CBMisgFBVV95cUxOcFB4c0VSQlRQZlhTVEJVVEgyWll1a2oySXBpOGRZbS1JLWR1M0l2dEVXMEE1RHBiamw1TUIxaVhubHM5Q0dfWk9rbnVxS0FOUDZxOXZOOXg3azRBeG9kV3kzdjJfZXg3bTBDc2NSTEVFSVZnTnNqODZJYW4wMktXNXg2OVcybVctdF9McGFPSkg4clI1OU9NUEhRQ215NEY3eTNjQ0JodW8tZ1VsMkFpU1Rn?oc=5) · The Valley Breeze
- 2025-06-11 [People on the Move: BankNewport Names Cohill as Senior VP - Go Local Prov](https://news.google.com/rss/articles/CBMimAFBVV95cUxPMDdsbkdYQk94MnlWR0NqV2c1NUtSUGNrQURkSlViWXMzSEQ5cTQ3cV8tS2lGUFlUZmVJS1FYTnBSZHZMS29DNHdvdE9ZU3Q1a2Y1UzZJZWx6XzRqM094T3RRVVFyb2g3dkZ3cnhyUVduNTkxcy1rOFI4WTVRYWpKTDVaQXZWOXo2NnlPOUlVRUJSRDhLZnllNQ?oc=5) · Go Local Prov
- 2023-05-19 [Five Questions With: John F. “Jack” Murphy - Providence Business News](https://news.google.com/rss/articles/CBMiZkFVX3lxTE82cmtLbjloZlNkVTFSN0FoSWZ0MkNMNzlyTnptc0VsUktsU2NaUnZYeTVVS2hTaVcwTHhJaWhEeE9oeFloVkJodW1TRjcwQmtTQ1FkMGY0QnU3bDZaSndtUkZUZDVaZ9IBbkFVX3lxTE1mQi0tQUZySzVGcERrWkZWRTNMQW5McmdQT2tucGZQOWdwb01RSE53emN0NjI5TmFzMG9tNnltUVRHWmt4dWRPd1dRQTU4eXhfQXlEbEJiRDl1TG03MG5oeDZvamN2bnJTTEJjelZR?oc=5) · Providence Business News
- 2018-12-26 [People on the Move in R.I.: Week of Dec. 30, 2018 - The Providence Journal](https://news.google.com/rss/articles/CBMirAFBVV95cUxOOTFZNTZjWTM5ZmtrLVdkc2VDUU91RHk3ZkRWa0U2NWlGT0pZdDdGZTdVV0pXS2tjeHVBY3RtMXg4enMxdWpRRmwwRnhsb1VVdzkydmF4cTFPNmotRDROMXRiQjhPcFRjYTBiRW9wN01OTVNtQkFpNEFiNXlHSklOZXhmeU9wOC16QjR1VHpiaVVpSHBmYjl0UzAzUEVpM0ZMR1ZwcnZTS0h6U1dx?oc=5) · The Providence Journal
- 2023-05-16 [BankNewport elects nine new Corporators at Annual Meeting - What's Up Newp](https://news.google.com/rss/articles/CBMilAFBVV95cUxPM0ozTy11SmJVTTVqRXhfX1RlR050UU1xZkw4NGZPZk9WWXRwY2VyemxKUVlWUjBfN21UVGlEbFFqcERLbTJGWlpPTEl2RjVOaU1BM1pVT0lsNnRYTTQ5eV9qZDJjV0FyQS02Tk96dVc1bk92N3RNb0VvNlpUaTk2WEdEZkJncFRudi1YUDhYbWhMbGJm?oc=5) · What's Up Newp
- 2021-11-11 [BankNewport promotes Couto, Nunes and Reinhardt to branch leadership roles - The Business Journals](https://news.google.com/rss/articles/CBMioAFBVV95cUxQT2RSUkRua0dIak9qNXRYQWNtUTZqRU1lRXJ4ZFR3MVdQY004NHZ3NXlBN3RrRjJlZ2YwbkNsZGFoNVZ0eFJPNk9vOUNESmFMalVEa3VMLVE0a0hHdDZEeGFXVFdsTXl0OGpuVjhNZk5PY01QTW9BMjFmbEU5SlYydWRCOVJBT0ZOdFNKMDg0VC0yZEVhbkZsVnpnd1NzdlJn?oc=5) · The Business Journals
- 2025-04-15 [People on the Move: BankNewport Names Two to Key Roles - Go Local Prov](https://news.google.com/rss/articles/CBMilAFBVV95cUxQa2JNTTRIY1ZuYkJtZXVCT3JVcU9jYXl0RzlVUTlGbFhXNjlVYzZzTTVsU1hMeXhuSDdLSWtTTVVQREgxU0ZDV19INFRRYWk2ZU8zbVZZckJqZFN2cnhkb2IzR25xT3BmQ2JmNEtraEZmMU5VLTd5bWc2eG1VMFhWYzNOZmktV3U0MWZSRzFsN3VTWVA1?oc=5) · Go Local Prov

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=18129 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/17.json (key "18129", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide