Call reports 2004
NEW ENGLAND BANK — 2004
What NEW ENGLAND BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 113,305,000 | 117,055,000 | 129,369,000 | 131,053,000 |
| Total loans | 65,695,000 | 73,107,000 | 74,148,000 | 79,024,000 |
| Allowance for loan losses | 877,000 | 927,000 | 987,000 | 1,072,000 |
| Securities available for sale | 35,447,000 | 32,168,000 | 44,707,000 | 41,187,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,551,000 | 97,589,000 | 107,409,000 | 108,468,000 |
| Interest-bearing deposits | 75,438,000 | 84,275,000 | 94,413,000 | 95,580,000 |
| Noninterest-bearing deposits | 18,112,000 | 13,313,000 | 12,996,000 | 12,888,000 |
| Equity capital | 8,927,000 | 8,646,000 | 9,084,000 | 9,159,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,325,000 | 2,727,000 | 4,269,000 | 5,918,000 |
| Interest expense | 364,000 | 765,000 | 1,239,000 | 1,743,000 |
| Net interest income | 961,000 | 1,962,000 | 3,030,000 | 4,175,000 |
| Noninterest income | 62,000 | 139,000 | 216,000 | 327,000 |
| Noninterest expense | 831,000 | 1,623,000 | 2,414,000 | 3,313,000 |
| Provision for loan losses | 40,000 | 90,000 | 165,000 | 257,000 |
| Pretax income | 158,000 | 394,000 | 673,000 | 938,000 |
| Income tax | 61,000 | 151,000 | 260,000 | 366,000 |
| Net income | 97,000 | 243,000 | 413,000 | 572,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,820,000 | 8,966,000 | 9,158,000 | 9,318,000 |
| Total capital | 9,737,000 | 9,944,000 | 10,218,000 | 10,429,000 |
| Risk-weighted assets | 73,178,000 | 78,120,000 | 84,696,000 | 88,723,000 |