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BankNewport
Middletown, RI · State-chartered bank (Fed member) · Part of Oceanpoint Finl Partners MHC
- Total assets
- $3.07B
- Q2 2026
- Deposits
- $2.45B
- Net income
- $9.41M
- first half of 2026
- Return on assets
- 0.62%
- Annualized
Bank details
As reported to the FDIC
- FDIC certificate
- 18129
- Main office
- Middletown, RI
- Holding company
- Oceanpoint Finl Partners MHC
- Charter
- State-chartered bank (Fed member)
- Primary federal regulator
- Federal Reserve
- Established
- 01/01/1819
- FDIC insured since
- 01/02/1960
- U.S. offices
- 20
- Employees (full-time equivalent)
- 300
- Specialty
- Commercial Lending Specialization
- Website
- www.banknewport.com
Quarterly financials
From the bank's Call Reports. Income figures are year to date; ratios are annualized.
| Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.07B | $3.07B | $3.01B | $2.98B | $2.96B | $2.85B | $2.8B | $2.75B |
| Deposits | $2.45B | $2.46B | $2.35B | $2.32B | $2.32B | $2.23B | $2.27B | $2.22B |
| Net loans and leases | $2.47B | $2.47B | $2.32B | $2.34B | $2.33B | $2.28B | $2.28B | $2.22B |
| Securities | $451.8M | $436.4M | $453.5M | $420.1M | $402.9M | $388.2M | $368.7M | $385.7M |
| Equity capital | $304.6M | $307.5M | $302.2M | $295.2M | $287.9M | $280.1M | $272M | $274.9M |
| Net income (year to date) | $9.41M | $4.01M | $17.06M | $12.59M | $7.78M | $2.84M | $10.17M | $7.03M |
| Return on assets | 0.62% | 0.53% | 0.58% | 0.58% | 0.54% | 0.40% | 0.37% | 0.34% |
| Return on equity | 6.18% | 5.27% | 5.94% | 5.91% | 5.55% | 4.11% | 3.84% | 3.56% |
| Net interest margin | 3.26% | 3.19% | 3.30% | 3.28% | 3.24% | 3.24% | 3.16% | 3.14% |
| Efficiency ratio | 69.7% | 75.1% | 71.0% | 71.9% | 74.1% | 78.7% | 73.2% | 74.1% |
| Noncurrent loans | 0.96% | 0.75% | 0.58% | 0.94% | 0.82% | 0.85% | 0.80% | 0.24% |
| Net charge-off rate | 0.02% | 0.02% | 0.31% | 0.09% | 0.03% | 0.05% | 0.51% | 0.64% |
| Leverage (core capital) ratio | 10.58% | 10.83% | 10.66% | 10.58% | 10.65% | 10.75% | 10.78% | 10.78% |
| Total risk-based capital ratio | 13.62% | 13.59% | 14.22% | 14.13% | 13.85% | 13.91% | 13.72% | 13.86% |
Assets grew 3.5% from Q2 2025.
Loan mix
Share of gross loans, Q2 2026
- Real estate loans$2.18B88.2%
- Commercial and industrial loans$275.3M11.2%
- Consumer loans$22.88M0.9%
Find bank branches in Rhode Island · Employees: 300
Frequently asked questions
- What is BankNewport's FDIC certificate number?
- BankNewport's FDIC certificate number is 18129.
- How big is BankNewport?
- BankNewport reported total assets of $3.07B and deposits of $2.45B as of Q2 2026.
- Is BankNewport FDIC insured?
- Yes. BankNewport has been insured by the FDIC since 01/02/1960. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
Source: Federal Deposit Insurance Corporation, BankFind Suite (Call Report data) · Last updated 06/30/2026