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Banknewport
Middletown, RI · FDIC Certificate #18129 · Chartered 01/0
Total assets
$3.07B
Total deposits
$2.45B
Total equity
$304.62M
Net loans
$2.47B
Branches (offices)
19
Net income (YTD)
$9.41M
Rank: #419 of 4,213 U.S. banks by assets · #4 of 5 in Rhode Island. Assets changed 3.5% and deposits 5.4% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.62% |
| Return on equity | 6.18% |
| Net interest margin (YTD) | 3.26% |
| Equity to assets | 9.93% |
| Tier 1 leverage ratio | 10.58% |
| Uninsured deposits (share of deposits) | 30.1% |
| Noncurrent loans (share of loans) | 0.95% |
| Net charge-offs (share of loans) | 0.02% |
| Loans to deposits | 100.9% |
| Real estate loans (share of loans) | 88.2% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $2.18B | 88.2% | |
| Commercial & industrial | $275.29M | 11.2% | |
| Consumer / individual | $22.88M | 0.9% | |
| Construction & development | $175.05M | 7.1% | |
| Agricultural | $39.00K | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $2.34B | $2.00B | $12.38M | $220.84M |
| Jun 2023 | $2.58B | $2.06B | $4.18M | $240.59M |
| Jun 2024 | $2.77B | $2.22B | $2.84M | $260.81M |
| Jun 2025 | $2.96B | $2.32B | $7.78M | $287.87M |
| Jun 2026 | $3.07B | $2.45B | $9.41M | $304.62M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Rhode Island | $2.45B | 19 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $2.45B.
Similar-sized banks
Guaranty Bank And Trust Company ($3.07B) · Lawrence Bank ($3.04B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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