Call reports 2002
PARTNERS BANK OF NEW ENGLAND — 2002
What PARTNERS BANK OF NEW ENGLAND reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 299,383,000 | 313,532,000 | 314,014,000 | 313,329,000 |
| Total loans | 197,252,000 | 206,249,000 | 208,615,000 | 213,716,000 |
| Allowance for loan losses | 2,621,000 | 2,724,000 | 2,789,000 | 2,876,000 |
| Securities available for sale | 74,108,000 | 83,622,000 | 84,989,000 | 87,004,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,024,000 | 197,989,000 | 199,215,000 | 196,868,000 |
| Interest-bearing deposits | 188,359,000 | 184,371,000 | 184,049,000 | 182,860,000 |
| Noninterest-bearing deposits | 12,665,000 | 13,618,000 | 15,166,000 | 14,008,000 |
| Equity capital | 30,882,000 | 31,193,000 | 30,746,000 | 31,682,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 4,615,000 | 9,420,000 | 14,259,000 | 19,145,000 |
| Interest expense | 2,148,000 | 4,352,000 | 6,558,000 | 8,599,000 |
| Net interest income | 2,467,000 | 5,068,000 | 7,701,000 | 10,546,000 |
| Noninterest income | 166,000 | 348,000 | 537,000 | 734,000 |
| Noninterest expense | 1,971,000 | 3,812,000 | 5,829,000 | 7,963,000 |
| Provision for loan losses | 30,000 | 90,000 | 150,000 | 235,000 |
| Pretax income | 625,000 | 1,329,000 | 1,873,000 | 2,415,000 |
| Income tax | 241,000 | 504,000 | 762,000 | 806,000 |
| Net income | 384,000 | 825,000 | 1,111,000 | 1,609,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,045,000 | 27,531,000 | 27,862,000 | 28,410,000 |
| Total capital | 31,153,000 | 31,128,000 | 30,451,000 | 31,521,000 |
| Risk-weighted assets | 193,276,000 | 201,073,000 | 196,998,000 | 198,885,000 |