Call reports 2019
BANK OF NEW ENGLAND — 2019
What BANK OF NEW ENGLAND reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 946,205,000 | 959,797,000 | 1,029,074,000 | 956,043,000 |
| Total loans | 814,134,000 | 839,704,000 | 883,901,000 | 882,468,000 |
| Allowance for loan losses | 9,176,000 | 9,462,000 | 9,956,000 | 9,369,000 |
| Securities available for sale | 1,876,000 | 1,921,000 | 1,939,000 | 1,921,000 |
| Securities held to maturity | 0 | 0 | 0 | 10,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 797,799,000 | 808,337,000 | 872,621,000 | 796,164,000 |
| Interest-bearing deposits | 697,175,000 | 690,502,000 | 761,292,000 | 701,242,000 |
| Noninterest-bearing deposits | 100,624,000 | 117,835,000 | 111,329,000 | 94,922,000 |
| Equity capital | 136,846,000 | 140,572,000 | 144,026,000 | 148,791,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 12,359,000 | 25,194,000 | 38,698,000 | 52,012,000 |
| Interest expense | 3,034,000 | 6,327,000 | 10,016,000 | 13,736,000 |
| Net interest income | 9,325,000 | 18,867,000 | 28,682,000 | 38,276,000 |
| Noninterest income | 41,000 | 89,000 | 145,000 | 201,000 |
| Noninterest expense | 3,576,000 | 7,238,000 | 11,245,000 | 14,400,000 |
| Provision for loan losses | 414,000 | 700,000 | 1,265,000 | 693,000 |
| Pretax income | 5,400,000 | 11,055,000 | 16,361,000 | 23,424,000 |
| Income tax | 1,507,000 | 3,097,000 | 4,612,000 | 6,561,000 |
| Net income | 3,893,000 | 7,958,000 | 11,749,000 | 16,863,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 136,846,000 | 140,526,000 | 143,966,000 | 148,742,000 |
| Total capital | 146,906,000 | 150,848,000 | 154,851,000 | 158,936,000 |
| Risk-weighted assets | 903,098,000 | 933,462,000 | 983,660,000 | 971,156,000 |