BankNewport
Middletown, RI · Owner: Oceanpoint Finl Partners MHC
$3.1B
total assets, June 30, 2026
$3.1B
total assets, June 30, 2026
BankNewport is a state member bank based in Middletown, RI, owned by Oceanpoint Finl Partners MHC. As of June 30, 2026 it held $3.1 billion in assets and $2.4 billion in deposits; assets were up 3.5% from a year before. It has 19 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$3.1B
+3.5% in a year · 0.0% in a quarter
Deposits
$2.4B
+5.4% in a year · -0.5% in a quarter
Loans
$2.5B
+5.8% in a year · +0.1% in a quarter
Profit so far
$9.4M
Jan 1 to Jun 30, 2026 · +21.0% in a year
Capital ratio
10.58%
-0.07 pts in a year
Return on assets
0.62%
+0.08 pts in a year
Facts
- Type
- State member bank
- Head office
- 184 John Clarke Rd, Middletown, RI, 02842
- County
- Newport
- Holding company
- Oceanpoint Finl Partners MHC
- Established
- Jan 1, 1819
- Employees
- 300
- Branches
- 19
- Website
- www.banknewport.com
- Id
- b18129
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
19 offices as of June 30, 2026, holding $2.4 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Rhode Island | 19 | $2.4B | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Middletown Branch | Middletown, RI | $481M |
| Banknewport (main office) | Middletown, RI | $283M |
| Portsmouth Branch | Portsmouth, RI | $199M |
| Tiverton Branch | Tiverton, RI | $152M |
| Jamestown Branch | Jamestown, RI | $146M |
| Gooding Plaza Branch | Bristol, RI | $144M |
| Stone Bridge Branch | Tiverton, RI | $127M |
| Barrington Branch | Barrington, RI | $110M |
| Narragansett Branch | Narragansett, RI | $109M |
| East Greenwich Branch | East Greenwich, RI | $108M |
Related pages
Questions and answers
How big is BankNewport?
$3.1 billion in total assets and $2.4 billion in deposits as of June 30, 2026, with assets up 3.5% from a year before. Its loans were $2.5 billion.
How many branches does BankNewport have?
19 branches in Rhode Island as of June 30, 2026.
Is BankNewport profitable?
Yes: it earned $9.41 million from January 1 to June 30, 2026 (up 21.0% from the same months a year before). Its return on assets was 0.62% a year; about 1% is typical.
Who owns BankNewport?
BankNewport is owned by Oceanpoint Finl Partners MHC, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.