Call reports 2013
BANK OF NEW ENGLAND — 2013
What BANK OF NEW ENGLAND reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 516,543,000 | 509,231,000 | 548,108,000 | 577,030,000 |
| Total loans | 445,984,000 | 467,838,000 | 502,834,000 | 516,440,000 |
| Allowance for loan losses | 5,476,000 | 5,707,000 | 6,030,000 | 6,271,000 |
| Securities available for sale | 1,005,000 | 973,000 | 968,000 | 954,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 445,765,000 | 435,554,000 | 471,493,000 | 498,099,000 |
| Interest-bearing deposits | 389,509,000 | 378,565,000 | 415,864,000 | 441,791,000 |
| Noninterest-bearing deposits | 56,256,000 | 56,989,000 | 55,629,000 | 56,308,000 |
| Equity capital | 68,806,000 | 70,248,000 | 71,747,000 | 73,437,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 6,085,000 | 12,747,000 | 19,350,000 | 26,359,000 |
| Interest expense | 785,000 | 1,539,000 | 2,247,000 | 3,048,000 |
| Net interest income | 5,300,000 | 11,208,000 | 17,103,000 | 23,311,000 |
| Noninterest income | 195,000 | 288,000 | 625,000 | 860,000 |
| Noninterest expense | 2,977,000 | 6,112,000 | 9,268,000 | 12,447,000 |
| Provision for loan losses | 315,000 | 544,000 | 873,000 | 1,107,000 |
| Pretax income | 2,203,000 | 4,840,000 | 7,587,000 | 10,617,000 |
| Income tax | 881,000 | 1,936,000 | 3,035,000 | 4,247,000 |
| Net income | 1,322,000 | 2,904,000 | 4,552,000 | 6,370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,806,000 | 70,248,000 | 71,747,000 | 73,418,000 |
| Total capital | 74,554,000 | 76,283,000 | 78,126,000 | 80,043,000 |
| Risk-weighted assets | 481,957,000 | 511,759,000 | 548,688,000 | 563,746,000 |