Call reports 2008
PARTNERS BANK OF NEW ENGLAND — 2008
What PARTNERS BANK OF NEW ENGLAND reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 449,111,000 | 452,650,000 | 446,411,000 | 442,570,000 |
| Total loans | 361,406,000 | 371,208,000 | 370,327,000 | 370,298,000 |
| Allowance for loan losses | 3,350,000 | 3,505,000 | 3,248,000 | 3,438,000 |
| Securities available for sale | 62,533,000 | 57,486,000 | 46,209,000 | 36,942,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 303,520,000 | 314,263,000 | 311,056,000 | 309,906,000 |
| Interest-bearing deposits | 294,746,000 | 305,101,000 | 303,091,000 | 303,037,000 |
| Noninterest-bearing deposits | 8,774,000 | 9,162,000 | 7,965,000 | 6,869,000 |
| Equity capital | 41,181,000 | 40,650,000 | 37,799,000 | 34,037,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,758,000 | 13,541,000 | 20,090,000 | 26,560,000 |
| Interest expense | 3,585,000 | 6,945,000 | 10,226,000 | 13,340,000 |
| Net interest income | 3,173,000 | 6,596,000 | 9,864,000 | 13,220,000 |
| Noninterest income | 410,000 | 874,000 | 1,542,000 | 2,054,000 |
| Noninterest expense | 2,652,000 | 5,608,000 | 8,415,000 | 11,452,000 |
| Provision for loan losses | 47,000 | 97,000 | 174,000 | 532,000 |
| Pretax income | 884,000 | 1,893,000 | 248,000 | -6,048,000 |
| Income tax | 295,000 | 625,000 | 105,000 | -2,294,000 |
| Net income | 589,000 | 1,268,000 | 143,000 | -3,754,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,011,000 | 40,961,000 | 39,784,000 | 36,803,000 |
| Total capital | 44,976,000 | 44,844,000 | 43,584,000 | 40,536,000 |
| Risk-weighted assets | 324,524,000 | 335,773,000 | 335,070,000 | 335,102,000 |