Call reports 2013
PARTNERS BANK OF NEW ENGLAND — 2013
What PARTNERS BANK OF NEW ENGLAND reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 427,639,000 | 434,920,000 | 448,163,000 | 455,894,000 |
| Total loans | 348,160,000 | 357,374,000 | 369,390,000 | 372,523,000 |
| Allowance for loan losses | 4,624,000 | 3,809,000 | 3,765,000 | 3,996,000 |
| Securities available for sale | 43,396,000 | 38,596,000 | 38,611,000 | 39,009,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 322,039,000 | 327,330,000 | 340,172,000 | 352,643,000 |
| Interest-bearing deposits | 296,731,000 | 296,701,000 | 306,152,000 | 321,682,000 |
| Noninterest-bearing deposits | 25,308,000 | 30,629,000 | 34,020,000 | 30,961,000 |
| Equity capital | 47,548,000 | 47,113,000 | 47,550,000 | 50,557,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 4,661,000 | 9,386,000 | 14,301,000 | 19,225,000 |
| Interest expense | 1,036,000 | 2,000,000 | 2,987,000 | 3,975,000 |
| Net interest income | 3,625,000 | 7,386,000 | 11,314,000 | 15,250,000 |
| Noninterest income | 942,000 | 1,475,000 | 2,149,000 | 2,740,000 |
| Noninterest expense | 3,861,000 | 7,377,000 | 11,116,000 | 14,427,000 |
| Provision for loan losses | 152,000 | 428,000 | 565,000 | 992,000 |
| Pretax income | 912,000 | 1,844,000 | 2,647,000 | 3,658,000 |
| Income tax | 303,000 | 596,000 | 860,000 | 952,000 |
| Net income | 609,000 | 1,248,000 | 1,787,000 | 2,706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,121,000 | 48,769,000 | 49,301,000 | 50,220,000 |
| Total capital | 54,182,000 | 53,889,000 | 54,492,000 | 56,030,000 |
| Risk-weighted assets | 383,365,000 | 390,842,000 | 399,953,000 | 403,868,000 |