Call reports 2018
BANK OF NEW ENGLAND — 2018
What BANK OF NEW ENGLAND reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 905,263,000 | 868,721,000 | 927,170,000 | 915,685,000 |
| Total loans | 795,400,000 | 774,543,000 | 793,731,000 | 808,248,000 |
| Allowance for loan losses | 8,747,000 | 8,500,000 | 8,637,000 | 8,771,000 |
| Securities available for sale | 0 | 0 | 1,840,000 | 1,863,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 780,731,000 | 741,448,000 | 795,700,000 | 779,282,000 |
| Interest-bearing deposits | 685,849,000 | 625,336,000 | 689,937,000 | 685,245,000 |
| Noninterest-bearing deposits | 94,882,000 | 116,112,000 | 105,763,000 | 94,037,000 |
| Equity capital | 121,984,000 | 125,914,000 | 128,990,000 | 133,328,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 11,429,000 | 22,834,000 | 34,162,000 | 46,801,000 |
| Interest expense | 2,224,000 | 4,377,000 | 6,971,000 | 9,838,000 |
| Net interest income | 9,205,000 | 18,457,000 | 27,191,000 | 36,963,000 |
| Noninterest income | 41,000 | 86,000 | 142,000 | 190,000 |
| Noninterest expense | 3,564,000 | 7,155,000 | 11,005,000 | 14,172,000 |
| Provision for loan losses | -171,000 | -418,000 | -281,000 | -147,000 |
| Pretax income | 5,794,000 | 11,740,000 | 16,535,000 | 23,063,000 |
| Income tax | 1,623,000 | 3,287,000 | 4,630,000 | 6,460,000 |
| Net income | 4,171,000 | 8,453,000 | 11,905,000 | 16,603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 121,984,000 | 125,914,000 | 128,990,000 | 133,328,000 |
| Total capital | 131,380,000 | 135,016,000 | 138,415,000 | 142,875,000 |
| Risk-weighted assets | 863,942,000 | 837,483,000 | 866,145,000 | 875,580,000 |