Call reports 2010
BANK OF NEW ENGLAND — 2010
What BANK OF NEW ENGLAND reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 471,288,000 | 500,633,000 | 492,650,000 | 470,413,000 |
| Total loans | 418,155,000 | 432,019,000 | 425,921,000 | 409,916,000 |
| Allowance for loan losses | 8,135,000 | 5,191,000 | 5,371,000 | 5,567,000 |
| Securities available for sale | 496,000 | 510,000 | 508,000 | 497,000 |
| Securities held to maturity | 200,000 | 200,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 414,643,000 | 443,101,000 | 433,339,000 | 410,762,000 |
| Interest-bearing deposits | 372,702,000 | 393,118,000 | 388,740,000 | 366,551,000 |
| Noninterest-bearing deposits | 41,941,000 | 49,983,000 | 44,599,000 | 44,211,000 |
| Equity capital | 55,308,000 | 56,077,000 | 57,088,000 | 57,960,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 6,874,000 | 13,929,000 | 20,896,000 | 27,958,000 |
| Interest expense | 1,844,000 | 3,538,000 | 5,118,000 | 6,548,000 |
| Net interest income | 5,030,000 | 10,391,000 | 15,778,000 | 21,410,000 |
| Noninterest income | 384,000 | 326,000 | 470,000 | 464,000 |
| Noninterest expense | 3,381,000 | 6,691,000 | 10,419,000 | 14,253,000 |
| Provision for loan losses | 222,000 | 324,000 | 577,000 | 754,000 |
| Pretax income | 1,709,000 | 3,600,000 | 5,150,000 | 6,869,000 |
| Income tax | 701,000 | 1,697,000 | 2,108,000 | 2,771,000 |
| Net income | 1,008,000 | 1,903,000 | 3,042,000 | 4,098,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,308,000 | 56,077,000 | 57,088,000 | 57,960,000 |
| Total capital | 60,743,000 | 61,464,000 | 62,707,000 | 63,485,000 |
| Risk-weighted assets | 431,953,000 | 465,428,000 | 458,461,000 | 441,906,000 |