BankNewport: how it compares with its peers
Against 497 U.S. banks with half to twice its assets, BankNewport's strongest measure in Q2 2026 is assets per employee ($10.2M vs. a $9.0M peer median). Its weakest relative measure is return on assets (0.62% vs. 1.26%).
| Measure | BankNewport | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.62% | 1.26% | Bottom third Ahead of 9% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.26% | 3.69% | Bottom third Ahead of 26% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 69.65% | 58.63% | Bottom third Ahead of 20% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.2M | $9.0M | Middle third Ahead of 64% of peers |
| Loans to deposits Net loans and leases over total deposits. | 100.92% | 88.02% | Context |
What it means for lending operations
Its efficiency ratio of 69.65% is above the 58.63% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Guaranty Bank and Trust Company Belzoni, MS · $3.07B
- Midwest BankCentre Lemay, MO · $3.07B
- CB&S Bank, Inc. Russellville, AL · $3.07B
- Penn Community Bank Doylestown, PA · $3.07B
- Lawrence Bank Nashville, TN · $3.04B
- The National Bank of Indianapolis Indianapolis, IN · $3.04B
Questions about BankNewport
How big is BankNewport?
BankNewport, established in 1819, is headquartered in Middletown, RI. It reported $3.07B in total assets in its Q2 2026 FDIC call report and operates 20 offices.
What is BankNewport's return on assets?
0.62% annualized in Q2 2026, against a 1.26% median for 497 U.S. banks with half to twice its assets, ahead of 9% of them.
What is BankNewport's efficiency ratio?
69.65% in Q2 2026: it spent about 70 cents in noninterest expense for each dollar of revenue. The peer median is 58.63%, and lower is better.
Is BankNewport growing its loans?
Net loans grew 5.7% over the year to Q2 2026, while deposits grew 5.4%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Rhode Island bank ranked.