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 Bank of New England
Bank of New England
| RSSD ID 113601 | CERTIFICATE 24540 | ABA NUMBER 11401850 |
| 31 Pelham Rd |
Quarter Ended : |
2025-03-31 |
| Salem, New Hampshire, 3079 |
Updated : |
2025-04-23 |
| https://www.bankofnewengland.com |
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| Institution Profile |
| Year Opened : |
1983 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
99 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,688,107 |
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Total Interest Income | 27,555 |
| Total Liabilities | 1,414,730 |
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Total NonInterest Income | 44 |
| Total Bank Equity Capital | 273,377 |
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Total Interest Expense | 11,165 |
| Total Deposits | 1,385,459 |
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Total NonInterest Expense | 5,077 |
| Net Loans & Leases | 1,445,759 |
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Net Income | 7,825 |
| Loan Loss Allowance | 14,532 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 1,415,885 |
| Total assets for the leverage ratio | 1,629,827 |
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Loans secured by real estate: | 1,378,729 |
| Tier 1 Leverage Ratio | 16.78 |
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Commercial and industrial loans | 43,913 |
| Off Balance Sheet Exposures (%) | 23.88 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 118 |
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:· Bank of New England
