Call reports 2011
BANK OF NEW ENGLAND — 2011
What BANK OF NEW ENGLAND reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 475,271,000 | 472,126,000 | 499,218,000 | 470,739,000 |
| Total loans | 394,053,000 | 398,097,000 | 405,896,000 | 408,631,000 |
| Allowance for loan losses | 5,019,000 | 5,028,000 | 5,139,000 | 5,135,000 |
| Securities available for sale | 500,000 | 500,000 | 515,000 | 760,000 |
| Securities held to maturity | 200,000 | 200,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 414,211,000 | 408,041,000 | 434,089,000 | 405,395,000 |
| Interest-bearing deposits | 370,518,000 | 359,014,000 | 384,743,000 | 355,506,000 |
| Noninterest-bearing deposits | 43,693,000 | 49,027,000 | 49,346,000 | 49,889,000 |
| Equity capital | 59,181,000 | 60,640,000 | 61,768,000 | 62,730,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 6,558,000 | 12,896,000 | 19,310,000 | 25,297,000 |
| Interest expense | 1,274,000 | 2,489,000 | 3,660,000 | 4,715,000 |
| Net interest income | 5,284,000 | 10,407,000 | 15,650,000 | 20,582,000 |
| Noninterest income | 172,000 | 419,000 | 674,000 | 695,000 |
| Noninterest expense | 3,134,000 | 6,172,000 | 9,431,000 | 12,529,000 |
| Provision for loan losses | 23,000 | -321,000 | -210,000 | -214,000 |
| Pretax income | 2,299,000 | 4,975,000 | 7,103,000 | 8,962,000 |
| Income tax | 938,000 | 2,036,000 | 2,912,000 | 3,675,000 |
| Net income | 1,361,000 | 2,939,000 | 4,191,000 | 5,287,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,181,000 | 60,640,000 | 61,768,000 | 62,730,000 |
| Total capital | 64,341,000 | 65,780,000 | 67,062,000 | 68,017,000 |
| Risk-weighted assets | 428,902,000 | 434,085,000 | 445,896,000 | 436,058,000 |