NEW ENGLAND BANK

NEW ENGLAND BANK is headquartered in Enfield and is the 18^st largest bank in the state of Connecticut. It is also the 916^st largest bank in the nation. It was established in 1999 and as of March of 2012, it had grown to 134 employees at 15 locations. NEW ENGLAND BANK's money market rates are 70% higher than the national average, and it has a 4-star health rating.

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Data for Q1 2012

Institution Statistics NEW ENGLAND BANK FDIC Certificate # 35378 BankRate Report View Year Established 1999 Employees 134 Primary Regulator FDIC Assets and Liabilities Assets $726.33 million Loans $552.25 million Deposits $586.09 million Equity Capital $72.26 million Loan Loss Allowance $5.70 million Unbacked Noncurrent Loans $16.92 million Real Estate Owned $1.49 million Historic Data - March 2011 Assets $681.96 million Equity Capital $70.95 million Loan Loss Allowance $5.69 million Unbacked Noncurrent Loans $13.66 million Real Estate Owned $1.50 million Profit Margin - Quarterly Net Interest Margin 3.45% Return on Assets 0.66% Return on Equity 6.71% Interest Income $8.07 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 NEW ENGLAND BANK had $18.41 million in non-current loans and owned real-estate with $77.95 million in equity and loan loss allowances on hand to cover it. This gives NEW ENGLAND BANK a Texas Ratio of 23.62% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for NEW ENGLAND BANK held steady from 19.77% as of March 31, 2011 to 23.62% as of March 31, 2012, resulting in a negative change of 19.46%. This indicates that the balance sheet and financial strength for NEW ENGLAND BANK has held steady in recent periods. Deposit Growth In the past year, NEW ENGLAND BANK has increased its total deposits by $42.12 million, resulting in 7.74% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth NEW ENGLAND BANK has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. NEW ENGLAND BANK has $726.33 million in assets with $77.95 million in equity, resulting in a capitalization level of 10.73%, which is above average.

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