Call reports 2017
PARTNERS BANK OF NEW ENGLAND — 2017
What PARTNERS BANK OF NEW ENGLAND reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 536,112,000 | 532,371,000 | 540,291,000 | 534,060,000 |
| Total loans | 442,648,000 | 448,884,000 | 453,505,000 | 459,439,000 |
| Allowance for loan losses | 3,774,000 | 4,060,000 | 3,789,000 | 3,805,000 |
| Securities available for sale | 29,707,000 | 29,304,000 | 30,583,000 | 31,117,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 408,922,000 | 405,593,000 | 418,707,000 | 420,051,000 |
| Interest-bearing deposits | 369,124,000 | 362,218,000 | 369,358,000 | 369,463,000 |
| Noninterest-bearing deposits | 39,798,000 | 43,375,000 | 49,349,000 | 50,588,000 |
| Equity capital | 60,859,000 | 61,577,000 | 63,054,000 | 64,447,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 5,405,000 | 10,944,000 | 16,666,000 | 22,312,000 |
| Interest expense | 839,000 | 1,666,000 | 2,447,000 | 3,171,000 |
| Net interest income | 4,566,000 | 9,278,000 | 14,219,000 | 19,141,000 |
| Noninterest income | 553,000 | 1,191,000 | 1,882,000 | 2,524,000 |
| Noninterest expense | 4,046,000 | 8,140,000 | 12,333,000 | 16,851,000 |
| Provision for loan losses | 213,000 | 503,000 | 475,000 | 431,000 |
| Pretax income | 1,302,000 | 2,640,000 | 4,052,000 | 5,206,000 |
| Income tax | 382,000 | 809,000 | 1,168,000 | 1,467,000 |
| Net income | 920,000 | 1,831,000 | 2,884,000 | 3,739,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,382,000 | 61,294,000 | 62,346,000 | 63,593,000 |
| Total capital | 67,116,000 | 68,076,000 | 69,287,000 | 70,879,000 |
| Risk-weighted assets | 465,949,000 | 452,337,000 | 457,741,000 | 454,968,000 |