Call reports 2021
PARTNERS BANK OF NEW ENGLAND — 2021
What PARTNERS BANK OF NEW ENGLAND reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 741,816,000 | 767,061,000 | 809,159,000 | 842,326,000 |
| Total loans | 590,452,000 | 611,753,000 | 627,458,000 | 635,979,000 |
| Allowance for loan losses | 8,316,000 | 8,085,000 | 8,101,000 | 8,080,000 |
| Securities available for sale | 57,981,000 | 81,358,000 | 85,391,000 | 98,370,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 643,705,000 | 669,009,000 | 712,259,000 | 742,139,000 |
| Interest-bearing deposits | 564,948,000 | 585,176,000 | 620,993,000 | 650,555,000 |
| Noninterest-bearing deposits | 78,757,000 | 83,833,000 | 91,266,000 | 91,584,000 |
| Equity capital | 78,723,000 | 81,535,000 | 82,871,000 | 86,113,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 7,115,000 | 14,139,000 | 21,546,000 | 29,106,000 |
| Interest expense | 678,000 | 1,301,000 | 1,896,000 | 2,482,000 |
| Net interest income | 6,437,000 | 12,838,000 | 19,650,000 | 26,624,000 |
| Noninterest income | 773,000 | 1,527,000 | 2,280,000 | 3,004,000 |
| Noninterest expense | 4,810,000 | 9,827,000 | 14,944,000 | 21,308,000 |
| Provision for loan losses | 275,000 | 38,000 | 55,000 | 19,000 |
| Pretax income | 4,252,000 | 7,568,000 | 9,447,000 | 12,746,000 |
| Income tax | 887,000 | 1,609,000 | 2,009,000 | 2,717,000 |
| Net income | 3,365,000 | 5,959,000 | 7,438,000 | 10,029,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,768,000 | 83,362,000 | 84,842,000 | 87,433,000 |
| Total capital | 87,542,000 | 90,460,000 | 92,077,000 | 94,929,000 |
| Risk-weighted assets | 538,947,000 | 565,180,000 | 576,230,000 | 597,396,000 |