BankNewport

Middletown, RI
IDRSSD: 546003
Total Assets
$2.98B
Latest filing
Total Deposits
$2.32B
Latest filing
Net Interest Margin
3.33%
Profitability

Locations

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Main Office
BankNewport
184 John Clarke Rd
Middletown, RI 02842
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1819FDIC Certificate 12050

Branches (19)

Page 1 of 3
NameAddressCity / State
BankNewport (Main)184 John Clarke RdMiddletown, RI
MIDDLETOWN BRANCH528 W Main RdMiddletown, RI
TIVERTON BRANCH614 Main RdTiverton, RI
PORTSMOUTH BRANCH2628 E Main RdPortsmouth, RI
STONE BRIDGE BRANCH1740 Main RdTiverton, RI
JAMESTOWN BRANCH31 Conanicus AveJamestown, RI
GOODING PLAZA BRANCH6 Gooding AveBristol, RI
WARREN BRANCH323 Market StWarren, RI
Showing 7 of 19

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date01/01/1819
Community BankYes
Ownership TypeNot Mutual
ZIP02842
State and County Number44005
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number01
Numeric code15
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameProvidence-Warwick, RI-MA

Operational Info

Number of Employees320
Domestic Offices20
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance01/02/1960
Primary Insurance AgencyDIF
Websitewww.banknewport.com
Data Updated11/14/2025
CERT18129
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.98B
Total Deposits$2.32B
Total Liabilities$2.68B
Total Equity Capital$295.23M
Net Income$4.81M
Net Loans and Leases$2.34B
Assets Per Employee ($Millions)$9.16M
Bank Premises and Fixed Assets$46.83M
Cash and Balances due from Depository Institutions$98.06M
Deposits Held in Domestic Offices$2.32B

Key Performance Ratios

Return on Assets (ROA)0.65%
Return on Equity (ROE)6.6%
Net Interest Margin3.33%
Efficiency Ratio67.83%
Tier 1 Risk-Based Capital Ratio13.203%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.38%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.917%
Earning Assets to total Assets95.39%

Income and Expense

Total Interest Income$39.35M
Total Noninterest Income$3.69M
Total Interest Expense$15.74M
Total Noninterest Expense$18.53M
Net Interest Income$23.61M
Pre-tax Net Operating Income$5.91M
Provision for Credit Losses$2.85M
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$325.73M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$33.77M
Total Liabilities and Capital$2.98B

Securities

Securities$420.13M
Available-for-sale debt securities$419.23M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of BankNewport?
$2.98B as of the latest filing.
How much are BankNewport's total deposits?
$2.32B in total deposits.
Where is BankNewport located?
Middletown, RI.
What is the Net Interest Margin?
3.33%.
How many domestic offices does it operate?
20.
When was it established?
01/01/1819.
What is the Return on Assets (ROA)?
0.65%.
How much are total loans and leases?
$2.34B (latest filing).
What is the total interest income (latest filing)?
$39.35M.