Call reports 2001
NEW ENGLAND BANK — 2001
What NEW ENGLAND BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 36,786,000 | 38,729,000 | 45,908,000 | 48,693,000 |
| Total loans | 19,146,000 | 23,804,000 | 26,221,000 | 30,444,000 |
| Allowance for loan losses | 324,000 | 382,000 | 458,000 | 382,000 |
| Securities available for sale | 10,460,000 | 12,683,000 | 15,786,000 | 13,387,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,536,000 | 32,571,000 | 39,615,000 | 41,869,000 |
| Interest-bearing deposits | 25,774,000 | 26,369,000 | 33,403,000 | 34,877,000 |
| Noninterest-bearing deposits | 4,762,000 | 6,202,000 | 6,212,000 | 6,992,000 |
| Equity capital | 6,161,000 | 6,080,000 | 6,170,000 | 6,504,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 589,000 | 1,308,000 | 1,972,000 | 2,725,000 |
| Interest expense | 241,000 | 496,000 | 758,000 | 1,024,000 |
| Net interest income | 348,000 | 812,000 | 1,214,000 | 1,701,000 |
| Noninterest income | 29,000 | 64,000 | 124,000 | 156,000 |
| Noninterest expense | 393,000 | 842,000 | 1,300,000 | 1,762,000 |
| Provision for loan losses | 58,000 | 116,000 | 200,000 | 258,000 |
| Pretax income | -22,000 | -57,000 | -81,000 | -82,000 |
| Income tax | 0 | 0 | 0 | -433,000 |
| Net income | -22,000 | -57,000 | -81,000 | 351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,080,000 | 6,045,000 | 6,021,000 | 6,306,000 |
| Total capital | 6,378,000 | 6,410,000 | 6,407,000 | 6,695,000 |
| Risk-weighted assets | 23,053,000 | 29,169,000 | 31,014,000 | 30,994,000 |