Vitals
  • Total Assets
    426.3M -8.5 %
  • Total Deposits
    281.4M 3.0 %
  • Total Net Loans
    356.3M -2.1 %
  • Net Income
    1.2M 71.4 %
  • Book Value
    46.9M 5.7 %
  • Book Value x2
    93.8M 5.7 %
  • Book Value x3
    140.7M 5.7 %
ROAA

.543

ROAE

5.062

Efficiency Ratio

74.387

Net Interest Margin

3.326

Balance Sheet Highlights
Financial Highlights Newport Federal Savings Bank
Balance Sheet $(000)
Total Assets 426,254
Total Net Loans 356,289
Total Deposits 281,420
Total Equity 46,899
Profitability
Net Income 1,169
Return on Average Assets .543
Return on Average Equity 5.062
Net Interest Margin 3.326
Efficiency Ratio 74.387
Noninterest Income/Revenue 11.476
Balance Sheet Ratios
Loan-to-Deposit 126.604
Securities/Assets .04
Total Equity/Total Assets .11
Tangible Equity/Tangible Assets .11
Capital Adequacy
Tier 1 Common Capital —
Tier 1 Capital 46,321
Tier 2 Capital 3,546
Total Capital 49,862
Total Risk Weighted Assets 283,351
Leverage Ratio 10.88
Common Equity Tier 1 Capital Ratio —
Tier 1 Capital Ratio 16.35
Total Capital Ratio 17.6

Timeline for Newport Federal Savings Bank

Savings Institute Bank And Trust Company

Newport Federal Savings Bank was acquired by Savings Institute Bank And Trust Company 10 years

View Profile Sep 07 2013

Newportfed Investments, Inc.

Newportfed Investments, Inc. became a new subsidiary organization for Newport Federal Savings Bank.

View Profile Jul 21 2011

Newport Bancorp, Inc

Newport Bancorp, Inc became a new parent organization for Newport Federal Savings Bank.

View Profile Jul 06 2006

Westerly Savings Bank

Acquisition: Newport Federal Savings Bank acquired a new subsidiary, Westerly Savings Bank, 18 years

View Profile Oct 15 2005

The Island Trust Company

Acquisition: Newport Federal Savings Bank acquired a new subsidiary, The Island Trust Company, 31 years

View Profile Jan 01 1993

Want to see more?

Complete timeline for Newport Federal Savings Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Savings Institute Bank And Trust Company Buyer 1,530,633 Acquisition Discontinued 9/7/2013
Westerly Savings Bank Seller 74,853 Discontinued 10/15/2005
The Island Trust Company Seller 15,960 Discontinued 1/1/1993
Relationships Role Relationship Start Relationship End
Newport Bancorp, Inc Parent 7/21/2011 9/6/2013
Newport Bancorp, Inc Parent 7/6/2006 7/20/2011
Newportfed Investments, Inc. Subsidary 7/21/2011 9/6/2013
The Island Trust Company Subsidary 6/21/1972 12/31/1992
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