v3.25.1
NEWTEKONE, INC. - PARENT COMPANY ONLY - Cash Flow Statement (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 49,253 $ 45,875 $ 32,311
Provisions for deferred income taxes 10,403 (4,800) 6,464
Net change in other liabilities 0 0 6
Net change in other asset (13,660) 7,432 1,816
Net cash used in operating activities (153,014) (169,219) (62,418)
Cash flows from investing activities:      
Purchases of held-to-maturity and available-for-sale securities (33,021) (27,167) 0
Sales and maturities of held-to-maturity and available-for-sale securities 41,460 0 0
Net increase in loans held for investment, at cost (278,539) (169,003) 0
Net cash used in investing activities (209,051) (172,235) (11)
Cash flows from financing activities:      
Proceeds from issuance of common stock 13,818 0 2,019
Proceeds from issuance of preferred stock 0 19,493 0
Payment to repurchase common stock (402) 0 0
Dividends paid (20,252) (14,147) (64,544)
Net cash provided by financing activities 560,897 344,974 1,175
Net (decrease) increase in cash and restricted cash 198,832 3,520 (61,254)
Cash and restricted cash—beginning of period (Note 2) 184,006 125,606 186,860
Cash and restricted cash—end of period (Note 2) 381,374 184,006 125,606
Parent Company      
Cash flows from operating activities:      
Net income 50,853 62,817  
Provisions for deferred income taxes 13,110 (5,814)  
Gain (loss) on sale of assets (1,135) 539  
Equity in Undistributed (earnings) losses of subs (57,103) (26,813)  
Net change in other liabilities (35,489) (40,414)  
Net change in other asset 5,215 (10,759)  
Other, net 6,634 7,570  
Net cash used in operating activities (17,915) (12,874)  
Cash flows from investing activities:      
Purchases of held-to-maturity and available-for-sale securities (19,899) 0  
Sales and maturities of held-to-maturity and available-for-sale securities 20,000 0  
Payments for investments in and advances to subsidiaries (176,333) (96,265)  
Net increase in loans held for investment, at cost 95,543 0  
Outlays for business acquisitions 0 (21,322)  
Other, net 39 14  
Net cash used in investing activities (80,650) (117,573)  
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 154,050 90,000  
Repayment of long-term debt (38,250) 0  
Proceeds from issuance of common stock 14,036 0  
Proceeds from issuance of preferred stock 0 19,493  
Payment to repurchase common stock (711) 0  
Dividends paid (20,252) (14,147)  
Retirement of common shares (5,056) (2,826)  
Net cash provided by financing activities 103,817 92,520  
Net (decrease) increase in cash and restricted cash 5,252 (37,927)  
Cash and restricted cash—beginning of period (Note 2) 13,871 51,798  
Cash and restricted cash—end of period (Note 2) $ 19,123 $ 13,871 $ 51,798