BankNewport
184 John Clarke Rd, Middletown, RI 02842
Financial Overview
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