Call reports 2017
BANK OF NEW ENGLAND — 2017
What BANK OF NEW ENGLAND reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 921,005,000 | 939,856,000 | 913,802,000 | 919,218,000 |
| Total loans | 815,914,000 | 805,321,000 | 795,241,000 | 803,974,000 |
| Allowance for loan losses | 9,341,000 | 9,225,000 | 9,341,000 | 8,919,000 |
| Securities available for sale | 956,000 | 962,000 | 962,000 | 956,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 809,960,000 | 825,623,000 | 796,102,000 | 798,347,000 |
| Interest-bearing deposits | 718,751,000 | 731,475,000 | 704,982,000 | 703,570,000 |
| Noninterest-bearing deposits | 91,209,000 | 94,148,000 | 91,121,000 | 94,777,000 |
| Equity capital | 109,950,000 | 112,957,000 | 115,935,000 | 118,140,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 10,151,000 | 21,200,000 | 32,623,000 | 43,982,000 |
| Interest expense | 1,877,000 | 4,037,000 | 6,296,000 | 8,575,000 |
| Net interest income | 8,274,000 | 17,163,000 | 26,327,000 | 35,407,000 |
| Noninterest income | 183,000 | 331,000 | 386,000 | 427,000 |
| Noninterest expense | 3,576,000 | 7,229,000 | 10,854,000 | 14,117,000 |
| Provision for loan losses | 753,000 | 638,000 | 745,000 | 243,000 |
| Pretax income | 4,128,000 | 9,627,000 | 15,114,000 | 21,474,000 |
| Income tax | 1,651,000 | 3,850,000 | 6,047,000 | 9,873,000 |
| Net income | 2,477,000 | 5,777,000 | 9,067,000 | 11,601,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,950,000 | 112,957,000 | 115,935,000 | 118,140,000 |
| Total capital | 119,955,000 | 122,864,000 | 125,954,000 | 127,746,000 |
| Risk-weighted assets | 878,628,000 | 864,719,000 | 867,477,000 | 873,047,000 |