Call reports 2003
PARTNERS BANK OF NEW ENGLAND — 2003
What PARTNERS BANK OF NEW ENGLAND reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 314,343,000 | 316,601,000 | 320,943,000 | 323,686,000 |
| Total loans | 213,128,000 | 221,267,000 | 222,380,000 | 231,682,000 |
| Allowance for loan losses | 2,863,000 | 2,916,000 | 2,968,000 | 3,268,000 |
| Securities available for sale | 85,970,000 | 75,200,000 | 78,176,000 | 78,779,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 197,832,000 | 200,424,000 | 204,758,000 | 206,885,000 |
| Interest-bearing deposits | 183,088,000 | 183,749,000 | 188,154,000 | 189,403,000 |
| Noninterest-bearing deposits | 14,744,000 | 16,675,000 | 16,604,000 | 17,482,000 |
| Equity capital | 32,260,000 | 34,034,000 | 34,107,000 | 35,016,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 4,720,000 | 9,355,000 | 13,865,000 | 18,306,000 |
| Interest expense | 1,904,000 | 3,744,000 | 5,523,000 | 7,211,000 |
| Net interest income | 2,816,000 | 5,611,000 | 8,342,000 | 11,095,000 |
| Noninterest income | 185,000 | 377,000 | 605,000 | 841,000 |
| Noninterest expense | 2,110,000 | 4,026,000 | 6,224,000 | 8,618,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 480,000 |
| Pretax income | 727,000 | 1,666,000 | 2,383,000 | 3,105,000 |
| Income tax | 272,000 | 593,000 | 866,000 | 977,000 |
| Net income | 455,000 | 1,073,000 | 1,517,000 | 2,128,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,913,000 | 29,578,000 | 30,069,000 | 30,731,000 |
| Total capital | 31,743,000 | 33,105,000 | 33,557,000 | 34,590,000 |
| Risk-weighted assets | 194,989,000 | 197,975,000 | 198,067,000 | 200,870,000 |