Call reports 2022
PARTNERS BANK OF NEW ENGLAND — 2022
What PARTNERS BANK OF NEW ENGLAND reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 836,644,000 | 914,201,000 | 978,552,000 | 1,004,795,000 |
| Total loans | 656,481,000 | 737,353,000 | 804,440,000 | 833,452,000 |
| Allowance for loan losses | 7,662,000 | 7,586,000 | 7,608,000 | 7,825,000 |
| Securities available for sale | 101,222,000 | 105,431,000 | 105,082,000 | 103,977,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 738,943,000 | 774,623,000 | 820,800,000 | 856,846,000 |
| Interest-bearing deposits | 642,082,000 | 680,455,000 | 715,146,000 | 765,441,000 |
| Noninterest-bearing deposits | 96,861,000 | 94,168,000 | 105,654,000 | 91,405,000 |
| Equity capital | 83,239,000 | 77,851,000 | 74,649,000 | 78,632,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 7,513,000 | 15,571,000 | 24,673,000 | 35,020,000 |
| Interest expense | 520,000 | 1,103,000 | 2,113,000 | 3,973,000 |
| Net interest income | 6,993,000 | 14,468,000 | 22,560,000 | 31,047,000 |
| Noninterest income | 1,028,000 | 1,629,000 | 2,259,000 | 2,914,000 |
| Noninterest expense | 5,671,000 | 11,763,000 | 17,758,000 | 24,319,000 |
| Provision for loan losses | -178,000 | -299,000 | -259,000 | -39,000 |
| Pretax income | 2,862,000 | 2,157,000 | 2,442,000 | 7,409,000 |
| Income tax | 522,000 | 371,000 | 440,000 | 1,520,000 |
| Net income | 2,340,000 | 1,786,000 | 2,002,000 | 5,889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 89,773,000 | 89,218,000 | 89,435,000 | 93,321,000 |
| Total capital | 97,613,000 | 97,538,000 | 98,280,000 | 102,512,000 |
| Risk-weighted assets | 625,465,000 | 664,350,000 | 706,881,000 | 734,753,000 |