Call reports 2015
BANK OF NEW ENGLAND — 2015
What BANK OF NEW ENGLAND reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 650,118,000 | 651,441,000 | 668,598,000 | 684,069,000 |
| Total loans | 567,932,000 | 593,361,000 | 619,157,000 | 632,877,000 |
| Allowance for loan losses | 6,315,000 | 6,654,000 | 6,983,000 | 6,992,000 |
| Securities available for sale | 986,000 | 974,000 | 983,000 | 972,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 564,572,000 | 564,846,000 | 579,821,000 | 593,777,000 |
| Interest-bearing deposits | 489,833,000 | 482,952,000 | 505,954,000 | 518,538,000 |
| Noninterest-bearing deposits | 74,739,000 | 81,894,000 | 73,867,000 | 75,238,000 |
| Equity capital | 82,740,000 | 84,693,000 | 86,587,000 | 88,894,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 7,207,000 | 15,138,000 | 23,037,000 | 31,469,000 |
| Interest expense | 999,000 | 2,027,000 | 3,108,000 | 4,292,000 |
| Net interest income | 6,208,000 | 13,111,000 | 19,929,000 | 27,177,000 |
| Noninterest income | 218,000 | 369,000 | 523,000 | 592,000 |
| Noninterest expense | 3,004,000 | 6,173,000 | 9,404,000 | 12,537,000 |
| Provision for loan losses | -443,000 | -105,000 | 215,000 | 229,000 |
| Pretax income | 3,865,000 | 7,412,000 | 10,833,000 | 15,003,000 |
| Income tax | 1,542,000 | 2,999,000 | 4,404,000 | 6,125,000 |
| Net income | 2,323,000 | 4,413,000 | 6,429,000 | 8,878,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,740,000 | 84,693,000 | 86,587,000 | 88,894,000 |
| Total capital | 89,661,000 | 91,914,000 | 94,046,000 | 96,391,000 |
| Risk-weighted assets | 625,915,000 | 642,281,000 | 671,706,000 | 680,942,000 |