Call reports 2007
BANK OF NEW ENGLAND — 2007
What BANK OF NEW ENGLAND reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 450,961,000 | 437,377,000 | 449,142,000 | 446,761,000 |
| Total loans | 379,392,000 | 381,204,000 | 370,635,000 | 396,550,000 |
| Allowance for loan losses | 3,752,000 | 3,785,000 | 3,740,000 | 4,276,000 |
| Securities available for sale | 505,000 | 496,000 | 5,241,000 | 4,765,000 |
| Securities held to maturity | 15,498,000 | 15,250,000 | 10,196,000 | 8,589,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,571,000 | 387,345,000 | 397,415,000 | 394,381,000 |
| Interest-bearing deposits | 355,347,000 | 341,262,000 | 354,307,000 | 357,636,000 |
| Noninterest-bearing deposits | 46,224,000 | 46,083,000 | 43,108,000 | 36,746,000 |
| Equity capital | 46,805,000 | 48,616,000 | 49,989,000 | 51,205,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 9,580,000 | 18,798,000 | 27,991,000 | 37,575,000 |
| Interest expense | 4,042,000 | 7,768,000 | 11,608,000 | 15,505,000 |
| Net interest income | 5,538,000 | 11,030,000 | 16,383,000 | 22,070,000 |
| Noninterest income | 103,000 | 221,000 | 357,000 | 543,000 |
| Noninterest expense | 2,448,000 | 4,689,000 | 7,053,000 | 9,561,000 |
| Provision for loan losses | 69,000 | 108,000 | 63,000 | 660,000 |
| Pretax income | 3,124,000 | 6,454,000 | 9,624,000 | 12,392,000 |
| Income tax | 1,207,000 | 2,459,000 | 3,642,000 | 4,674,000 |
| Net income | 1,917,000 | 3,995,000 | 5,982,000 | 7,718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,805,000 | 48,616,000 | 50,029,000 | 51,510,000 |
| Total capital | 51,249,000 | 52,952,000 | 54,267,000 | 56,149,000 |
| Risk-weighted assets | 404,672,000 | 404,640,000 | 399,330,000 | 419,684,000 |