Call reports 2019
PARTNERS BANK OF NEW ENGLAND — 2019
What PARTNERS BANK OF NEW ENGLAND reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 568,241,000 | 586,861,000 | 586,111,000 | 618,622,000 |
| Total loans | 502,961,000 | 518,185,000 | 514,068,000 | 520,884,000 |
| Allowance for loan losses | 4,725,000 | 4,983,000 | 5,091,000 | 4,974,000 |
| Securities available for sale | 11,978,000 | 11,173,000 | 11,318,000 | 11,217,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 450,537,000 | 454,436,000 | 470,455,000 | 483,713,000 |
| Interest-bearing deposits | 405,805,000 | 405,589,000 | 416,730,000 | 431,519,000 |
| Noninterest-bearing deposits | 44,732,000 | 48,847,000 | 53,725,000 | 52,194,000 |
| Equity capital | 68,700,000 | 69,710,000 | 71,022,000 | 73,224,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 6,468,000 | 13,124,000 | 19,821,000 | 26,506,000 |
| Interest expense | 1,150,000 | 2,400,000 | 3,704,000 | 4,983,000 |
| Net interest income | 5,318,000 | 10,724,000 | 16,117,000 | 21,523,000 |
| Noninterest income | 604,000 | 1,264,000 | 1,867,000 | 2,443,000 |
| Noninterest expense | 4,649,000 | 9,338,000 | 14,106,000 | 19,009,000 |
| Provision for loan losses | 203,000 | 467,000 | 616,000 | 644,000 |
| Pretax income | 2,837,000 | 4,038,000 | 5,540,000 | 8,248,000 |
| Income tax | 622,000 | 900,000 | 1,228,000 | 1,704,000 |
| Net income | 2,215,000 | 3,138,000 | 4,312,000 | 6,544,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,330,000 | 72,254,000 | 73,426,000 | 75,658,000 |
| Total capital | 77,233,000 | 78,252,000 | 79,256,000 | 81,951,000 |
| Risk-weighted assets | 472,127,000 | 479,595,000 | 465,944,000 | 503,413,000 |